U.S. Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve's monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January.
"I think they're way too independent. They just shouldn't have this power," Paul, a longtime Fed critic, said in an interview with Reuters. "Up until recently it has been modest but now it's totally out of control."
TVNL Comment: If Ron Paul dies suddenly over the next year or two...you know why...and you know who will be responsible. And...let's see where the Tea Party is on this vital issue. Let's see if they really side with the public!
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