Does this put the banksters or Paul in the crosshairs?
Fed critic Ron Paul wins oversight gavel
Rep. Spencer Bachus (R-Ala.), the incoming chairman of the House Financial Service Committee, on Thursday approved Paul's bid to lead the Domestic Monetary Policy Subcommittee.
"This is the leadership team that crafted the first comprehensive financial reform bill to put an end to the bailouts, wind down the taxpayer funding of Fannie Mae and Freddie Mac, and enforce a strong audit of the Federal Reserve," Bachus said. "We are ready to hit the ground running, and I look forward to continuing our work in the next Congress."
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