Federal Reserve Self-Dealing

Self-dealing and conflict of interest are rampant in the Federal Reserve.  A full and complete audit of the Fed's activities is needed.  Why did the Fed provide funds to the state Bank of China?

The Federal Reserve operates in the shadows of the economy, pulling the strings of the entire economy.  Audit the Fed, then allow for competition in currencies.

‘Audit the Fed’ bill advances in House

Last year, a more limited audit by GAO found the Fed repeatedly invoked emergency authority to expand its lending during the Wall Street crisis in 2008 and 2009, including major loans to prop up the housing market.
The audit also found that the Federal Reserve Bank of New York, which had a major role in the lending, did not have sufficient controls to prevent conflicts of interest for its employees.