COALITION CALLS FOR FED AUDIT PRIOR TO RECONFIRMATION: Coalition for America's Future sent a letter to senators calling for an audit of the Fed's operations before a vote on Bernanke. The letter is signed by, among others, Campaign for America's Future co-director Robert Borosage, Americans for Taxpayer Reform president Grover Norquist, Eagle Forum president Phyllis Schlafly, Campaign for Liberty president John Tate and Center for Economic and Policy Research president Dean Baker. From the letter: 'Without this audit, Congress lacks the information it needs to evaluate Mr. Bernanke's performance. Therefore the Senate should delay action on Mr. Bernanke's reappointment until an audit of the Fed's books takes place.'
Full letter and signatories http://www.ourfuture.org/news-release/2009124902/left-right-coalition-calls-audit-federal-reserve-bernanke-reappointed-chair