Representative Ron Paul, Texas Republican and author of "End the Fed," will take control of the House subcommittee that oversees the Federal Reserve.The Federal Reserve could undoubtedly use some reform. Do I think Ron "End the Fed" Paul is the guy to do it? No.
House Financial Services chairman-elect Spencer Bachus, an Alabama Republican, selected Paul, 75, to lead the panel's domestic monetary policy subcommittee when their party takes the House majority next month, the committee chairman said today.
...Paul, who has introduced legislation to abolish the Fed, became nationally known during his 2008 presidential campaign. His campaign to audit the Fed picked up steam as the central bank deployed trillions of dollars in emergency loans in the midst of the worst financial crisis since the Great Depression.
No more than I think any member of the party who hates government should be tasked with trying to save it.
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