Ron Paul to highlight pet themes with US Mint at hearing

By Peter Schroeder, The Hill

Rep. Ron Paul (R-Texas) continues to hit his favorite ideas as chairman of a subcommittee overseeing domestic monetary policy, devoting his next hearing to the bullion program at the U.S. Mint.

The House Financial Services Committee announced its April hearing schedule Friday, which included an April 7 hearing by Paul’s subcommittee devoted to the Mint’s program of creating coins out of precious metals.

When Paul won the gavel to lead the House Financial Services Committee’s panel on monetary policy, he said he would use his newfound position to highlight his views. Three months into his term, Paul has lived up to that claim.

In the two hearings Paul has hosted thus far, the Tea Party favorite has set his sights on the Federal Reserve, which he has long criticized as destructive to the nation’s economy and as an institution that should be abolished.

In a Feb. 9 hearing, Paul questioned whether the Fed’s policies can really help create jobs. The Fed’s dual mandate requires it to pursue policies that would maximize employment while controlling inflation — Paul argued the central bank was failing on both fronts.

To read more, visit:  http://thehill.com/blogs/on-the-money/domestic-taxes/150923-ron-paul-continues-to-highlight-pet-themes-with-upcoming-bullion-hearing

Short URL: https://reteaparty.com/?p=506

Posted by reteaparty on Mar 22 2011. Filed under Finance, Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry