In a bipartisan vote, the House of Representatives, on a vote of 327-98, passed the Federal Reserve transparency act of 2012 out of the House.

The bill, in theory, would allow the Government Accountability Office to thoroughly audit the Federal Reserve system. The bill was passed to increase transparency and accountability. the bill requires the GAO to conduct an audit within 12 months of the enactment date of the legislation, and additionally to deliver the report to Congress within 90 days of the completion date.

Only one of the House Republicans voted against legislation. 97 Democratic Representatives voted against the bill’s Republican Rep. Bob Turner of New York.

Eight House Democrats, who had cosponsored the 2012 bill, as well as the 2009 version, unexplainably voted against the bill. None of those eight Representatives had any comment on the strange move.

Opponents of the bipartisan bill had argued that the policy making of the Federal Reserve would become politicized as a result of the Act.

House Minority Whip, Maryland Democrat Steny Hoyer said in a statement “Congress has rightly inflated the Fed from short-term political pressures.”

Like the eight minority Representatives in the house, Senate Majority Leader Harry Reid has also pivoted on the legislation. Reid had previously, in 2010 and in 1995 had said that he had tried, without success, to pass legislation to audit the Fed. Currently, Reid is refusing to bring the bill up in the Senate. He, like his Democrat counterparts in the House, released no comment as to why he has changed his stance.

Alaska’s sole Representative, Don Young, who voted for HR 459 along with all but one of his Republican colleagues in the House, made a statement after his vote.