Congressman Charles W. Boustany, Jr., M.D. (R-South Louisiana), released the following statement after recently cosponsoring legislation to Audit the Federal Reserve, H.R. 24:
"This legislation mandates a full audit of the United State Federal Reserve by the Government Accountability Office (GAO). This audit must be completed by the GAO and submitted to Congress within 12 months. Constituents in South Louisiana expect the Fed be held to the same reporting standards as the rest of the federal government."