Could we see Ron Paul at the Federal Reserve at some point over the next four years?
According to the Huffington Post, the Campaign for Liberty, an organization soon established after his second bid for the presidency, is seeking to get Ron Paul a spot on the Fed Board of Governors.
Sam Stein of the blog issued a tweet on Sunday:
“Ron Paul’s group, Campaign for Liberty, is pushing to get Ron Paul nominated to the U.S. Federal Reserve’s Board of Governors.”
Ron Paul’s group, Campaign for Liberty, is pushing to get Ron Paul nominated to the U.S. Federal Reserve’s Board of Governors
— Sam Stein (@samsteinhp) December 18, 2016
For years, Dr. Paul has championed the principles of liberty, the virtues of the market and the evils of the Federal Reserve System. There hasn’t been any other politician in Washington today who has remained consistent and principles throughout his entire political life than Dr. Paul.
One important issue for Paul has been the Fed.
The former Texas Republican Congressmen and three-time presidential candidate was the first mainstream politician to make the United States central bank a national issue. To this date, he has continually criticized the way the central bank has conducted monetary policy.
Now that Donald Trump is apparently trying to drain the swamp over the next four years, he may set his sights on the Fed, particularly the Board of Governors, a group that oversees the nation’s Federal Reserve Banks. With just seven members, who are appointed by the president, they play a massive role on shaping monetary policy.
The news comes just one week after Paul chastized the Fed during an interview with the Fox Business Network:
“We do not work on a free-market principle, we do not have sound money, it’s all manipulated.
“Prices are going to go up and the money’s going to be so bent according to political reasons and not because of business decisions, so we want the government out of it, we want people to save money, create capital, but capital cannot come from the Federal Reserve working with a computer, that’s the fallacy and that’s why zero rates of interest didn’t work because they weren’t realistic.”
If the president-elect really wanted to drain the swamp then the very first thing he would do is appoint Paul to the Federal Reserve. This would certainly shake up Washington, and a lot more so than adding military generals and Goldman Sachs employees to his administration.
Paul’s continued bids for the presidency are hilarious. Just like his dad he has a small loyal group of followers and no path to the Oval Office. The fact that you even referred to him as a candidate makes you look foolish. Regarding being on the Federal Reserve DON’T BET ON IT. So funny. Funnier even that you’d write an article about it.
The article is about the dad Ron Paul, former Congressman from TX being appointed to the Federal Reserve Board of Governors, not the son Rand Paul, Senator from Kentucky, who is going to stay right there in the Senate, helping President Trump make America great again. Ron Paul would be great as a member on the FED board, he might just keep those bankers half way honest.