Federal Reserve Hires a Lobbyist for Public Image

In the wake of Ron Paul’s bill H.R. 1207, the Federal Reserve Transparency Act, the Federal Reserve has apparently hired a lobbyist to beef up its public image.

From Bloomberg:

The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said.

It looks like the Fed is getting a little worried about the attention Ron Paul’s bill is getting, with over 180 Co-Sponsors in the House and a companion bill introduced in the Senate.

What makes the story even interesting is the lobbyist they hired, and who she use to lobby for:

Linda Robertson currently handles government, community and public affairs at Johns Hopkins University in Baltimore, and headed the Washington lobbying office of Enron Corp., the energy trading company that collapsed in 2002 after an accounting scandal. She was also an adviser to all three of the Clinton administration’s Treasury secretaries.

While the Fed runs scared of being exposed for what they really do, we will keep up our efforts to get H.R. 1207 passed, and have the Federal Reserve answer for the destruction they have caused to this country.

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