From the Hill…
Organized labor is throwing its muscle behind financial legislation requiring heightened audits of the Federal Reserve.
The AFL-CIO sent a letter to senators Friday urging them to support tougher audits. Andrew Stern, president of the Service Employees International Union (SEIU), signed a similar letter.
Sen. Bernie Sanders (I-Vt.) is championing an amendment to broad financial legislation now under debate that would require additional audits of the central bank and require the Fed to disclose on its website all loans and assistance made during the Wall Street bailout. Sanders circulated the labor union letters on Saturday.
“I bring reason to your ears, and, in language as plain as ABC, hold up truth to your eyes.” Thomas Paine, December 23, 1776
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