Fed To Hold An “Expedited, Closed” Meeting On Monday

(Before It's News)

Fed to hold an expedited closed door meeting Monday morning…Could this have anything to do with it?

In a 241-185 vote, the House passed a bill Thursday largely along party lines that would make major changes to the way the Federal Reserve operates in an attempt to create more transparency.

The Fed Oversight Reform and Modernization Act, spearheaded by Michigan Republican Rep. Bill Huizenga, would lift restrictions placed on the Government Accountability Office, enabling the agency to audit the central bank and narrowing its ability to provide emergency bailouts.

(From Zerohedge)

Given how awesome everything appears to be, judging by stocks and the tidal wave of FedSpeak of the last week confirming that rates are rising in December, we found it at least marginally ‘odd’ that out of the blue,  The Fed would announce an ‘expedited, closed’ meeting on Monday…

Click here for the article.

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