Ron Paul and Alan Grayson Call for Delay to Bernanke Confirmation Hearing

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 …

Continue reading

It Is Time The Federal Reserve Answered For Its Actions

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, …

Continue reading

Ron Paul and Neil Cavuto discuss Ben Bernanke, the Federal Reserve and inflation

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 …

Continue reading

Ron Paul to Ben Bernanke: The Federal Reserve Is Already Politicized

“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 …

Continue reading

Ben Bernanke: Federal Reserve audit would constitute “takeover” by Congress, threaten the “financial system, dollar and economy”

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 …

Continue reading

Ben Bernanke to Ron Paul: “I will resist any attempt to dictate monetary policy.”

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 …

Continue reading

Ron Paul Questions Ben Bernanke on Free Markets vs. Crony Capitalism

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 …

Continue reading

Ron Paul: Why We Can’t Reinflate The Bubble

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 …

Continue reading