Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The bill passed by voice vote without any objections, although...

In Official Washington, words rarely mean what they say. For instance, if a US government official voices “high confidence” in a supposed “intelligence assessment,” that usually means “we don’t have any real evidence, but we figure that if we say ‘high confidence’...