Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
August 31, 2015

Paul Vows to Slow Yellen Confirmation Over ‘Audit the Fed’ Vote

(Douglas Graham/CQ Roll Call File Photo)

(Douglas Graham/CQ Roll Call File Photo)

If Senate Democrats want to speed up the process of reaching the Christmas break, they’ll have to allow a vote on an audit of the Federal Reserve.

Sen. Rand Paul, R-Ky., told reporters Tuesday morning that he has informed leadership he will insist on the Senate consuming the entire 30 hours of post-cloture debate on the nomination of Janet L. Yellen to be chairwoman of the Federal Reserve unless he receives his vote on an “Audit the Fed” plan.

“We’ll try and slow it down or stop it as much as we can. We’ve told them that we will allow it to move forward and expedite it if they will give us a vote on Audit the Fed,” Paul said, noting that he has been unable to secure a Senate vote despite past support in the House.

“I just came from talking with our leadership and I said, ‘I’ll be happy to get out of the way.’ I don’t particularly like Yellen and I’ll vote no, but the way the situation should work around here is holds and 30 hours of debate is something to be used as leverage to get something else that you want,” Paul said. “I’m not opposed to the president nominating his people. I disagree with almost all of them … but I’m not against the process of government moving forward, but it should be give-and-take. But right now there’s all take on one side.”

Paul has limited leverage except to slow down the process, particularly given the move by Democrats to effectively change the rules to prevent Republican from blocking nominees (though Yellen probably would’ve survived a debate-limiting vote either way).

The Federal Reserve chairmanship is one of 21 senior executive branch positions that still has 30 hours of debate allotted. Unlike in many other situations, the Democratic majority cannot yield back half of that time, and it will require unanimous consent to move the process along.

Late Monday, Majority Leader Harry Reid, D-Nev., filed debate-limiting motions on 10 nominees, including Yellen. Of the nominees on that list, only Yellen comes with the 30 hours of debate. She is now the most high-profile nominee Reid wants confirmed by Christmas.

Comments (27)

Leave a Comment

Your email address will not be published.

author email

  1. Raylusk

    Dec. 17, 2013
    3:45 p.m.

    No Senator Paul the Senate rules shouldn’t be used to get your way on another subject. You are there to vote for our against a nominee. Nothing else. I will make sure everyone knows that you believe you should waste 30 hours because of your little tantrum.

    • Tocs704

      Dec. 17, 2013
      9:25 p.m.

      So you think it’s fine that the federal reserve robs our citizens of the value of their savings accounts and devalues our hard earned dollars by printing more money? They shouldn’t have to answer to the American people? That’s all Rand Paul wants, the truth about what’s going on behind the curtain of the worlds most powerful institution. I guess you’d rather protect the elite and super rich who run the fed.

      • Raylusk

        Dec. 17, 2013
        10:40 p.m.

        Of course I care. But I also don’t subscribe to the theory of getting your way at any cost. Just because Paul has suspicions about the Fed doesn’t make it right for him to use any trick he has to get his way. Of course you will notice that Paul claims to be opposed to almost all of Obama’s nominations. What that proves is he is playing partisan politics and that is all he is doing now. He doesn’t really care about an audit of the Fed he is just playing to the suckers in his base. If he really cared about America he would be demanding an audit of the Military but that would piss off too many of Paul’s defense contractor buddies.

        • Tocs704

          Dec. 17, 2013
          11:54 p.m.

          Actually, Paul has called for an audit of the pentagon and if you knew anything about him or his father, you’d know that auditing the fed has been one of their primary goals since taking office. Ron Paul’s bill to audit the fed passed the house with a large bipartisan majority that included 99 democrats. Yet you accuse Paul of playing partisan politics with something that clearly is a bi-partisan issue.

  2. Benjamin Dover

    Dec. 18, 2013
    1:32 p.m.

    Centralized bureaucratic socialism began to grow more prevalent in the United States after Stuart Chase imported 18 collectivist tendencies.

  3. Anonymous

    July 12, 2015
    3:11 p.m.

    Spot on with this write-up, I actually think this website needs much more consideration. I’ll in all probability be again to read much more, thanks for that info.

  4. Anonymous

    July 18, 2015
    3:39 a.m.

    Hello there, I found your blog via Google while looking for a related topic, your site came up, it looks good. I have bookmarked it in my google bookmarks.

  5. Anonymous

    July 21, 2015
    2:04 a.m.

    I love your blog.. very nice colors & theme. Did you create this website yourself? Plz reply back as I’m looking to create my own blog and would like to know wheere u got this from. thanks

  6. Anonymous

    July 24, 2015
    1:04 p.m.

    I was just seeking this information for a while. After 6 hours of continuous Googleing, at last I got it in your site. I wonder what’s the lack of Google strategy that do not rank this kind of informative websites in top of the list. Generally the top web sites are full of garbage.

  7. Anonymous

    July 24, 2015
    6:39 p.m.

    I like this website because so much utile material on here : D.

  8. Anonymous

    July 25, 2015
    6:39 p.m.

    It is really a great and helpful piece of information. I am glad that you shared this useful information with us. Please keep us informed like this. Thank you for sharing.

  9. Anonymous

    July 30, 2015
    2:33 p.m.

    I am really enjoying the theme/design of your web site. Do you ever run into any web browser compatibility issues? A couple of my blog readers have complained about my website not operating correctly in Explorer but looks great in Safari. Do you have any recommendations to help fix this problem?

  10. Anonymous

    July 30, 2015
    4:17 p.m.

    Thank you for all your valuable efforts on this site. My mother take interest in conducting research and it’s easy to understand why. We all notice all concerning the powerful way you produce good thoughts on your web site and even increase response from some other people about this area plus our simple princess is actually being taught a lot of things. Have fun with the remaining portion of the year. You’re the one carrying out a wonderful job.

  11. Anonymous

    July 31, 2015
    9:13 a.m.

    Hi! I know this is kind of off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having trouble finding one? Thanks a lot!

  12. Anonymous

    Aug. 2, 2015
    9:52 a.m.

    I genuinely enjoy reading on this web site, it holds fantastic posts. “The living is a species of the dead and not a very attractive one.” by Friedrich Wilhelm Nietzsche.

  13. Anonymous

    Aug. 2, 2015
    6:20 p.m.

    Great line up. We will be linking to this great article on our site. Keep up the good writing.

  14. Anonymous

    Aug. 6, 2015
    5:14 a.m.

    Hi my loved one! I want to say that this article is amazing, nice written and include almost all significant infos. I’d like to see extra posts like this .

  15. Anonymous

    Aug. 7, 2015
    3:31 a.m.

    Excellent site. Plenty of useful information here. I am sending it to some pals ans also sharing in delicious. And naturally, thank you on your sweat!

  16. Anonymous

    Aug. 7, 2015
    5:27 a.m.

    You made some good points there. I did a search on the subject matter and found most individuals will agree with your site.

  17. Anonymous

    Aug. 9, 2015
    6:15 p.m.

    Some truly nice and utilitarian info on this web site, likewise I conceive the design contains great features.

  18. Anonymous

    Aug. 9, 2015
    9:12 p.m.

    I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.

  19. Anonymous

    Aug. 12, 2015
    6:23 p.m.

    Some truly nice and utilitarian info on this site, likewise I conceive the pattern holds great features.

  20. Anonymous

    Aug. 18, 2015
    12:01 a.m.

    I see something really interesting about your site so I saved to fav.

  21. Anonymous

    Aug. 19, 2015
    7:35 a.m.

    Greetings! Very helpful advice on this article! It is the little changes that make the biggest changes. Thanks a lot for sharing!

  22. Anonymous

    Aug. 25, 2015
    4:38 p.m.

    This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.

  23. Anonymous

    Aug. 25, 2015
    10:13 p.m.

    Respect to website author, some superb entropy.

  24. Anonymous

    Aug. 29, 2015
    8:56 p.m.

    Hi, Neat post. There is a problem with your site in internet explorer, would check this… IE still is the market leader and a huge portion of people will miss your magnificent writing because of this problem.

Sign In

Forgot password?



Receive daily coverage of the people, politics and personality of Capitol Hill.

Subscription | Free Trial

Logging you in. One moment, please...