WASHINGTON — Seeking to temper growing momentum around an effort to audit the Federal Reserve Board, House Financial Services Committee Chairman Barney Frank appeared Friday to be pushing a compromise that would require the central bank to disclose more information about its operations, but only after sufficient time passed to prevent spooking the markets.

At issue is a bill Rep. Ron Paul has been pushing since 1983 that would let the Government Accountability Office conduct a full audit of the Fed. The bill has gained momentum in the wake of the financial crisis, including attracting 295 co-sponsors — or nearly 68% of the full House.

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