MO HCR7

Urges U.S. Congress to pass the Federal Reserve Transparency Act requiring a complete audit of the Federal Reserve Bank of the United States

Asserts the Federal Reserve has eroded the dollar's purchasing power by approximately 95% since 1913 and created price instability through money supply inflation and interest rate manipulation

Claims the Federal Reserve approved trillions in foreign bank bailouts without Congressional consent and refuses full disclosure of emergency lending practices

States a complete Federal Reserve audit would provide transparency and accountability regarding how, where, and at what cost taxpayer money is being spent

Directs the House Chief Clerk to send inscribed copies of the resolution to the Federal Reserve Chair, Treasury Secretary, House Speaker, Senate Majority Leader, and Missouri's Congressional delegation