system
Given the following post, respond as if you're commenting on Reddit:
human
Pros and Cons of Auditing the Fed.

I'd like to hear thoughts on the recent bill from some economists.
gpt
It's a tough issue because it's at the intersection of 2 important, popular beliefs and some question whether they can coexist in this case. Those 2 beliefs are:

1. That transparency is generally a good thing.
2. That the Fed should remain immune to short term political pressures.

While some people maintain that the Fed can be transparent and still remain immune to political pressures, many people question why you would audit an institution if you have no desire to influence it in any way. What if the audit turns up something that is politically unpopular and a politician decides to exploit it for political gain? Another argument is that transparency is inherently a form of influence.