fed reserve auditting?, page-20

Guss

"So When was the last time the Fed WAS audited?"

Formally by Deliotte during the first quarter of 2013. But it appears that the OIG and GAO run multiple ongoing reviews and investigations

More information found in two minutes:

http://www.federalreserve.gov/publications/annual-report/files/2012-annual-report.pdf

See pages 322 for Deloitte's sign off (5th March 2013).

See page 408 for summary of the activities of the Office of Inspector of General Activities (OIG).

See page 409 for a summary of GAO Fed oversight reviews (21 completed, 11 in progress).

I don't think that I have ever seen an organisation with this much oversight.

To suggest that the US Fed is a law unto itself is ludicrous.