House Financial Services Chairman Barney Frank (D-Mass.) says he's negotiating with Rep. Ron Paul (R-Tx.) to create mandatory audits of the Federal Reserve — and that some kind of audit bill will pass the House in October as part of a bigger financial overhaul package, reports Glenn Thrush of Politico.com.

Frank made the comments at a town hall meeting in his home district.

See the Town Hall Meeting Video Here

Read the Full Story Here