8.1: Audit

Annually audit of the Federal Reserve’s activities.

Other Information:

The first step to increasing transparency and accountability is through an annual audit of the Federal Reserve’s activities. Such an audit would need to be carefully implemented so that the Federal Reserve remains insulated from political pressures and so its decisions are based on sound economic principles and sound money rather than on political pressures for easy money and loose credit.

Stakeholder(s):

• Federal Reserve

Indicator(s):

Indicator:1

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