After the recent Wall Street crash, people became interested in this bill, and it received a significant number of sponsors/co-sponsors that passage was all but certain.

Given that the Fed is responsible for providing the currency to our banking system, this bill should seem like a no-brainer.

After the recently passed Dodd-Frank Financial Reform Bill passed, support for this bill mystery evaporated.

I shouldn't have to remind anyone here on the importance of knowing that our financial system is on stable footing. An audit is the best method to determine that.

The fact that people who were originally clamoring to sign on to this bill, suddenly withhold their support when an actual vote was taken, should be cause for concern.

As I stated earlier, I was originally against the idea of a state bank.