Representative Ron Paul, Texas Republican and author of “End the Fed,” will take control of the House subcommittee that oversees the Federal Reserve.
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.
“This is the leadership team that crafted the first comprehensive financial reform bill to put an end to the bailouts, wind down the taxpayer funding of Fannie Mae and Freddie Mac, and enforce a strong audit of the Federal Reserve,” Bachus said in a statement.
Paul, in an interview last week, said he plans a slate of hearings on U.S. monetary policy and will restart his push for a full audit of the Fed’s functions.
“We are ready to hit the ground running, and I look forward to continuing our work in the next Congress,” Bachus said.
Paul and Democratic Socialist Bernie Sanders spearheaded the bill to audit the Fed. Kudos to the Repulicans for putting Sanders in charge. Should be interesting.
kalm wrote:Paul and Democratic Socialist Bernie Sanders spearheaded the bill to audit the Fed. Kudos to the Repulicans for putting Sanders in charge. Should be interesting.
Hey, when you're right on a topic you're right. Who cares what you call yourself?
Appalachian State Mountaineers:
National Champions: 2005, 2006, and 2007 Southern Conference Champions: 1986, 1987, 1991, 1995, 1999, 2005, 2006, 2007, 2008, 2009, 2010, and 2012
NO DOUBT ABOUT IT! WE'RE GONNA SHOUT IT! NOTHING'S HOTTER THAN A-S-U!
kalm wrote:Paul and Democratic Socialist Bernie Sanders spearheaded the bill to audit the Fed. Kudos to the Repulicans for putting Sanders in charge. Should be interesting.
Hey, when you're right on a topic you're right. Who cares what you call yourself?
No question, but it does make for interesting bed fellows.
TwinTownBisonFan wrote:and here come the paultards...
Yeah, dammit! Don't those stupid Paultards know that the fed totally has our best interests at heart and not the interests of its big, private constituent banks ?
Kudos to the Repulicans for putting Sanders in charge. Should be interesting. 
