Janet Yellen, President Barack Obama’s nominee for chairman of the Federal Reserve Board, said she would not support an audit of the Fed, calling the U.S. central bank one of the most transparent in the world.

Sen. David Vitter (R-La.) asked Yellen during her confirmation hearing before the Senate Banking Committee on Thursday if she would publicly support S. 209, which would require a full audit of the Fed.

“I strongly, as I’ve indicated, support transparency and openness on the part of the Fed and I think with respect to monetary policy, in terms of the range of information and the timeliness of that information, we are one of the most transparent central banks in the world,” Yellen responded.

Also Read: Yellen Calls for Less Regs on Small Banks

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