House Proceeding on Jan 13th, 2010 :: 2:46:25 to 2:50:30
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2:46:21 to 2:46:42( Edit History Discussion )

Dennis J. Kucinich: improve the efctiveness of government operations. i urge all members to s the legislation and i reserve the balance of my time. the speaker pro tempore: the gentleman from ohio is recognized. >> as recounted by friend

2:46:25 to 2:50:30( Edit History Discussion )
Speech By: Dennis J. Kucinich

2:46:43 to 2:47:05( Edit History Discussion )

Dennis J. Kucinich: from massachusetts, the amendment which was in the bill given the g.a.o. a bil audit effect was taken out of the bill and the bill as introduced originally before this congress. i question the wisdom of moving on this bill absent a provision

2:47:06 to 2:47:26( Edit History Discussion )

Dennis J. Kucinich: to audit the fed prior to the senate acting. because suppose the senate, which has the ability to go in any direction on this, suppose the senate strips out the provision that i did support, the ron paul provision, the senate strips that out and then

2:47:27 to 2:47:49( Edit History Discussion )

Dennis J. Kucinich: we have stripped out a provision in our bill it sends a signal to the fed, business as usual. that's the reason i'm raising this question right now. because it hasn't passed the senate. if it passed the senate i would not be on the floor. challenging this legislation. because if it passed, it went

2:47:50 to 2:48:11( Edit History Discussion )

Dennis J. Kucinich: through conference, then finally at last the feds will be held accountable. we are not that far along yet. so why bring in the first day of legislative action in this second session of the 111th congress a bill to the fl which essentially gives the fed what they want, which is they don't want any oversight at all why was this brought forward in

2:48:12 to 2:48:33( Edit History Discussion )

Dennis J. Kucinich: the first place? because congress and our committee particularly depend on the government accountability office and the audits and reviews they perform to assist us in helping us justify oversight responsibilities. but g.a.o. currently, unless the law changes, cannot perform

2:48:34 to 2:48:54( Edit History Discussion )

Dennis J. Kucinich: audits or conduct reviews of the various credit facilities that the federal reserve created, and due to an expressed prohibition i an auditing monetary tivities of the fed contained in section 714 of title 31, g.a.o. isn't allowed to assist congress in conducting

2:48:55 to 2:49:16( Edit History Discussion )

Dennis J. Kucinich: oversight. this congress voted for the financial reforms. a majority of members of congress signed on to mr. paul's very strong proposal to audit the fed. i was one of those signatories. a question whether you want to audit the fed or not.

2:49:17 to 2:49:39( Edit History Discussion )

Dennis J. Kucinich: the majoty of members of congress agree on that. le this new year with a bill that strips that provision out before the senate acts. let's see what the senate is going to do. that's why i didn't want to see this bill brought to the floor at a time when the senate has enacted on the fed. and if we -- language. and if we go ahead and take that

2:49:40 to 2:50:01( Edit History Discussion )

Dennis J. Kucinich: language out of our bill, some could read it in the senate as a green light to strip out the paul provision, which is a much stronger provision than the one i brought forward in my amendment. that's t concerns i wanted to bring forward and air them publicly. just ask members a cautionary note here about what's happening with respect to the fed. since a majority of members of

2:50:02 to 2:50:24( Edit History Discussion )

Dennis J. Kucinich: congress already want to audit the fed, why should we go weaken our position by passing a bill that strips out audit provisions before the senate has acted on the bill that contains the paul amendment. with that, i reserve the balance of my time. the speaker pro tempore: the gentleman from massachusetts is recognized.

2:50:25 to 2:50:30( Edit History Discussion )

Dennis J. Kucinich: mr. ly: madam speaker, at this time i would ask unanimous consent to be able to yield 10 minutes of my time to the