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Wednesday, August 22, 2012

Romney Calls For Fed Audit As Party Mulls Platform Plank

Republican presidential candidate Mitt Romney renewed support for auditing the Federal Reserve, wading into an issue that threatens to spark a fight at his party’s national convention next week.

“The Federal Reserve should be accountable,” Romney told thousands of voters at a campaign rally today in Goffstown, New Hampshire. “We should see what they’re doing.”

Under pressure from anti-tax Tea Party activists and other small government advocates, Republicans are considering including a plank in their platform calling for a full audit of the central bank -- a prospect that concerns many party leaders and their financial supporters. Romney’s remarks could put pressure on the Republican Platform Committee -- which is currently meeting in Tampa, the convention site -- to adopt the proposal.


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