Ron Paul to Federal Reserve: HR 1207 Won’t Affect Monetary Policy

In his opening statement at a hearing entitled “Regulatory Restructuring: Balancing the Independence of the Federal Reserve in Monetary Policy with Systemic Risk Regulation“, held on July 9, 2009 at the House Financial Service Committee’s Subcommittee on Domestic Monetary Policy and Technology, Ron Paul explained that his “Audit the Fed” …

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