November 2 Election Fallout: Ron Paul in Charge of Federal Reserve Oversite
by the Left Coast Rebel This is for all of you "big-L" libertarians that think that there is no difference between the parties and the November 2 House cleaning means nothing to the future of the nation: ( Washington Examiner ) 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 rev...