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Rand Paul puts hold on Janet Yellen nomination, calling for vote to audit Fed

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Sen. Rand Paul, R-Ky., will place a "hold" on President Obama's Federal Reserve chair nominee until the Senate is permitted to vote on a bill to audit the Fed. In a letter sent Tuesday to Senate Majority Leader Harry Reid, Paul said he objects to allowing a vote on Janet Yellen's nomination "without also considering legislation to bring much needed transparency to the Fed." Paul has a...

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