Fed Elite Attack Ron And Rand Paul On Audit Idea

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Mark Melin
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In simultaneous fashion, Fed officials from around the country attack, while certain media defend the status quo, fight back efforts for transparency The Federal Reserve is fighting back against Senator Rand Paul’s proposed legislation to audit the Fed. When the Kentucky Republican presidential candidate introduced the legislation last month that would audit the activities of the Fed, it ultimately garnered 30 legislative co-sponsors.  For its part the Fed, which has long enjoyed operating in the shadows, wants to keep it that way. Coordinated attack on Ron Paul Fighting back against Paul’s aggression, Federal Reserve Bank of Cleveland President Loretta Mester…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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