H.R. 1207 Audit the Fed Bill

Honestly I do not understand why anyone would be opposed to more oversight over the Federal Reserve through Auditing. Why is their opposition to this Bill? It has gained much bipartisan support in congress, but many think it will be shot down in the senate.
So, what is the fate of this bill?
why are people opposed to this bill?
Should this bill be passed?

I think the bill will mostly likely fail to succeed. I heard rumors of the Fed hiring a lobyist but I do not know if it is true.
I honestly do not know why people would be opposed to this bill at all.
Yes, this bill should be passed. Transparency in monetary policy seems like a very good thing to me.