Ron Paul will lead FED oversight

[30ashopper]

If you Google "Ron Paul" and "Federal Reserve" you'll find an awful lot of hits.

You might find Representative Paul decrying the Fed as a manipulative organization shifting interest rates to short-circuit market wisdom. You'll find suggestions that the Fed caused the current recession. You'll find suggestions that we "End the Fed."
And now, after Nov. 2, you?ll find that Ron Paul is actually in charge of Federal Reserve oversight:

Paul is the ranking member of the Subcommittee on Domestic Monetary Policy and Technology on the Financial Services , which oversees the Federal Reserve, the U.S. Mint and American involvement with international development groups like the World Bank. Unless someone bumps him, he's next in line for the subcommittee gavel.

The Federal Reserve has enjoyed casual oversight while Congressman Barney Frank served as chairman of the Monetary Policy subcommittee. That is about to change.

Ron Paul has spent his tenure in politics pushing vehemently for a Federal Reserve audit. Paul has been particularly forceful in asking that the Fed reveal where the government is actually spending TARP funds.

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Ron 'End the Fed' Paul, Federal Reserve overseer? | Washington Examiner

Awesome! Can't wait to see the fireworks!

 

[LuciferSam]

I would love to see the Republicans get caught up in battles they can't possibly win for the next couple of years. This and the repeal of health care.

 

[Alicia Leonard]

Ron 'End the Fed' Paul, Federal Reserve overseer? | Washington Examiner

Awesome! Can't wait to see the fireworks!

I like him, don't like his son, but dad is cool with me.

 

[idlewind]

The FED will definitely have someone watching them who is not a cheerleader or a shill for them.

 

[DuneAHH]

This could be a good development to keep an eye on.