From Mish's Global Economic Trend Analysis:
Chalk up a rare victory for the little guy (and the nation itself). The Bill To Audit Federal Reserve Passes Key Hurdle:
In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank...
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More on Ron Paul:
Ron Paul: "Audit the Fed" bill has been "gutted"
Ron Paul: Iran attack would cause dollar crisis
Ron Paul on the secretive group of radicals in the Obama administration