[TexanFeller]

> Even regulators are regulated

Ron Paul campaigned for "auditing the Fed" perhaps more than he campaigned for president. Was he exaggerating, or does Congress not actually audit and otherwise oversee the Fed?

[eru]

The Fed gets regular audits as far as I can tell. But perhaps Ron Paul was campaigning for more thorough ones? (Or it was just a good sound bite?)

https://www.econlib.org/archives/2009/07/audit_the_fed_o.htm... and https://www.csmonitor.com/Commentary/Opinion/2009/0803/p09s0... might be interesting.

You might also like https://www.alt-m.org/2020/03/30/when-the-fed-tried-to-save-...