We shall soon find out:
Congressman Ron Paul’s Federal Reserve Transparency Act, HR 1207, has reached and surpassed the level of 218 cosponsors in the House of Representatives, which means it is now cosponsored by a majority of the members. The 218th cosponsor was Dennis Kucinich (OH-10), and the bill has since received its 222nd cosponsor.
It’s a worthy effort, but I tend to suspect the Senate will torpedo the bill. There’s a reason the phrase “corrupt like a Senator” came about, after all. Last fall’s bailout made it eminently clear that the bankers are in charge, not the people.