Politics

Harry Reid called for audit of Federal Reserve during 2010 campaign [VIDEO]

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Alex Pappas
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      Alex Pappas

      Alex Pappas is a Washington D.C.-based political reporter for The Daily Caller. He has also written for The Washington Examiner and the Mobile Press-Register. Pappas is a graduate of The University of the South in Sewanee, Tenn., where he was editor-in-chief of The Sewanee Purple. While in college, he did internships at NBC's Meet the Press and the White House. He grew up in Mobile, Ala., where he graduated from St. Paul's Episcopal School. He and his wife live on Capitol Hill.

Video has emerged of Senate Majority Leader Harry Reid calling for an audit of the Federal Reserve as recently as his tight 2010 re-election race in Nevada.

This will likely energize those pushing Reid to allow a vote in the Senate on Federal Reserve audit legislation, which overwhelmingly passed through the House Wednesday.

“There should be a Federal Reserve audit,” Reid said in an Oct. 14, 2010 debate. “We haven’t gotten it yet. But we’ve made some progress in that regard.”

Watch (Answer starts at 7 min 23 sec mark):

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But even though the House passed legislation calling for an audit Wednesday, Reid’s office has signaled that the legislation won’t be brought to a vote in the Senate.

The 2010 video re-surfaced Thursday on the Ron Paul Forums blog.

Supporters of Texas Rep. Ron Paul and Kentucky Sen. Rand Paul have been buzzing since Wednesday about a 1995 video of Reid saying, “For years I have sponsored legislation that would call for an audit of the Federal Reserve system.”

During a speech on Wednesday night to young activists, Rand Paul called on supporters to email and call Reid’s office to “convince him that he still believes that.”

Reid’s office has not yet responded to a request for comment from The Daily Caller.

The auditing of the Federal Reserve has been a signature issue of Ron Paul’s campaign for years. After the House vote, the Texas congressman predicted it would pass the Senate if brought to a vote.

“If they did have an up or down honest vote in the Senate right now, I’m convinced the majority would vote for it,” he said.

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