For example, recently some have proposed that the Fed be used to provide revenue to fund specific government initiatives, which amounts to quasi-  15  See the Summary of Economic Projections submitted in conjunction with the September 2015 FOMC meeting, an addendum to Board of Governors (2015). 16  See Federal Reserve Transparency Act of 2015, H.R. 24, 114 Cong.
(2015); and Federal Reserve Transparency Act of 2015, S. 264, 114 Cong. (2015). 17  Audited financial statements for the Federal Reserve System can be found on the Board’s website at www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm. 18  See the Fed Oversight Reform and Modernization Act of 2015, H.R. 3189, 114 Cong. (2015). 19  For additional discussion of these proposals, see Powell (2015).