Should the Federal Reserve Bank be audited by Congress?

78%

Yes

22%

No

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Should the Federal Reserve Bank be audited by Congress?

78%

Yes

22%

No

"Register to vote for this question"

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Learn More about Federal Reserve Bank

A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.

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The main motive of a government is to provide welfare to the society. In the recent times, it has come to light that misuse of welfare funds is being done. The physically and mentally capable adults are dependent on welfare of the government. Instead of government providing funds to this category, they can divert their funds to the areas, which need utmost attention and motivate these capable adults to contribute in the economy.


The calculation of wage has become a herculean task of the government. A wage is a compensation for the work completed in a particular time or over a period of short tenure and it is given at the end of the term, which is pre-decided in the agreement signed by the employee. Many voices are of the opinion that government should raise the federal minimum wage and government is still in a dilemma looking at facts like higher debt and lower growth rate.


The government provides benefits to citizens in every way possible. The government is always looking forward to the welfare of the society. However, it is seen in the recent times that recipients of drugs are misusing funds being forwarded to them. The drug test for welfare recipients is in the loop and it might become visible in the coming times. In addition to it, it is still questionable whether government would opt for drug test or not.

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