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Ron Paul and Alan Grayson sent a letter to Senate Banking Committee Chairman Christopher Dodd this afternoon, asking that the Senate delay Federal Reserve Chairman Ben Bernanke’s confirmation hearing until the Federal Reserve releases information on which financial firms have received emergency Fed loans in the past year and transcripts of Federal Open Market [...]

In his latest column Ron Paul predicts that one way or another, the days of Fed autonomy are coming to an end, as they should. The Federal Reserve has demonstrated over and over again that it is a highly antiquated, unabashedly monopolistic and openly politicized creature. Its chairman, Ben Bernanke, is the politician’s best friend [...]

Channel: Fox Business
Date: 7/21/2009
Transcript
Neil Cavuto: Ben Bernanke is back up on Capitol Hill. Ron Paul is wondering why the Capitol even bothers because if the Texas congressman and former presidential candidate had things his way, there wouldn’t even be a Federal Reserve, a point he underscored in sometimes testy exchanges with Bernanke today over its [...]

“What about today? Interest rates are artificially low. Could there be any political pressure to keep interest rates artificially low? Historically, that’s been well known, it’s been documented and written about, how other Federal Reserve chairmen, they were on the verge of reappointment and they know the president, and all of a sudden… so, it’s [...]

When asked by Rep. John Duncan on Thursday about the fact that a majority of Congress is co-sponsoring Ron Paul’s HR 1207 bill to audit the Federal Reserve, Ben Bernanke responded:
Ben Bernanke: “My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details [...]

Event: Congress’ Joint Economic Committee
Date: 5/5/2009
Transcript:
Ron Paul: Welcome, Chairman Bernanke. I have a couple of questions, but first I want to mention that I find it awfully frustrating at times when we always talk about inflation and we only talk about the prices and say, “We have prices under control, there is no inflation”. We [...]

Event: House Financial Services Committee Hearing
Channel: C-SPAN
Date: 3/24/2009
Transcript:
Barney Frank: The gentleman from Texas.
Ron Paul: Thank you, Mr. Chairman. When the chairman of the committee opened up the committee today, he suggested that we look backward as well as forward and that all of our problems didn’t come from January 20th on, and I agree with [...]

Opening Statement:

Transcript:
Ron Paul: Yesterday a report came out that said that the Consumer Confidence Index was down to 25. Sometimes I think that might be overly optimistic, but nevertheless I think that vote of confidence really is a reflection on our financial system, our monetary policy, our spending policies here in Congress, and then they [...]

Saturday afternoon Ron Paul addressed a crowd of about 500 people in front of the Fed building in downtown Houston. They had come together for one of many End the Fed demonstrations throughout the country.

Here’s a partial transcript of Ron Paul’s speech (slightly edited for clarity):
“It is a great event, and I understand that there [...]

Ron Paul questions Ben Bernanke about his secret meetings with other central bankers. What have they been talking about? Is the dollar finished and is there a new world currency on the agenda? What role is gold going to play, if any? Bernanke, while remaining evasive about the details of his meetings, denies the rumors [...]

Ron Paul has asserted for many years that inflation is a tax that benefits those who get all that freshly printed money first, and harms everyone else. Today, Fed Chairman Ben Bernanke agreed with that assertion, but failed to present a viable plan for saving the collapsing dollar:

The Fed is now in an impossible situation. [...]

In response to Ben Bernanke’s speech on why the Fed is the solution to (and not the cause of) our financial problems, Ron Paul was interviewed by David Asman on the Fox Business Channel:

Memorable quotes:
“One time it was gold [that backed our currency], then it was silver, then it was treasury bills, then it [...]