U.S. House passes Fed audit bill; measure seen doomed in Senate

``The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would open up Federal Reserve monetary policy decisions to a congressional audit, reviving a measure passed in 2012. But the legislation approved by the Republican-dominated House is expected to meet a fate similar to its predecessor's: death in the Democratic-controlled Senate.'' -- Just like TARP's fate. The Senate has become a nice lock on power for the financial elites.