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WSJ: Ron Paul taking end-Fed bill before panel Tuesday

WASHINGTON (MarketWatch) — A House panel led by longtime Federal Reserve critic Rep. Ron Paul will take direct aim at the central bank next week when it considers a bill to abolish the powerful institution.

“More and more people are beginning to understand just how destructive the Federal Reserve’s monetary policy has been,” said Paul, a Texas Republican and chairman of the House Financial Services subcommittee on Domestic Monetary Policy and Technology, which has oversight authority over the Fed.


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