Hurt: Federal Reserve must be transparent and accountable
Fifth District Congressman Robert Hurt (R-Chatham) has cosponsored a bill that would require an audit of the Federal Reserve system.
The bill, called the Federal Reserve Transparency Act, would require a full audit of the board of governors within the Federal Reserve system and the Federal Reserve banks by the Comptroller General of the United States.
The Federal Reserve System supervises nearly all banking in the United States and plays a substantial role in the domestic and global economies, Hurt said.
"Since its creation in 1913, the Federal Reserve's Board of Governors has expanded its power, and its role in monetary policy has gone relatively unchecked," Hurt said. "Given the impact that its policies can have on our economy, the Federal Reserve must be transparent and its leaders must be held accountable to the American people."
Volunteer competing for $25,000 in shelter renovations
Shan Farrell needs votes from community
By STACEY HAIRSTON - Staff Writer
The Franklin County Humane Society is representing Virginia in an online contest in which the winner will receive $25,000 in shelter renovations.
Purina Cat Chow has launched its Shelter Volunteer of the Year Contest to recognize dedicated shelter volunteers who work to make sure temporary homes for cats are safe and less stressful.
Purina Cat Chow asked 50 cat-focused shelters -- one from each state -- to nominate their top volunteers and to post their volunteer story online for voting amongst consumers.