Rand Paul Told Harry Reid Hold Could Be Coming on Janet Yeller

U.S. Sen. Rand Paul, R-Ken., announced on Wednesday that he has issued a warning to U.S. Senate Majority Leader Harry Reid, D-Nev., that he could place a hold on Janet Yellens nomination to be chairwoman of the Federal Reserve.

Yesterday, I notified Senate Majority Leader Harry Reid I am placing a hold on Janet Yellen's nomination to be chair of the Federal Reserve - unless Senator Reid agrees to first debate and have an up-or-down, roll call vote on my Audit the Fed legislation, Paul informed supporters on Wednesday. Before I even made my hold official, the Fed's allies in the D.C. establishment had begun plotting against us.

In fact, when asked if Harry Reid would allow a vote, a top Democrat aide stated, I kind of doubt it.'" Reid added before promising to turn up the grassroots pressure on each and every senator to stand with the almost 75 percent of Americans who support auditing the Federal Reserve.