In retirement, Ron Paul keeps heat on BernankeSubmitted by DeMolay on Wed, 02/27/2013 - 16:36
Former Rep. Ron Paul (R-Texas) may have retired from Congress, but that isn't stopping him from airing grievances about the Federal Reserve.
On Wednesday, Fed Chairman Ben Bernanke appeared before the House Financial Services Committee to deliver regular testimony. Paul previously used such events to harangue Bernanke on Fed policy, and in his retirement sought to do the next best thing. Minutes after the hearing began, Paul sent out a statement blasting Bernanke, detailing exactly how he would have grilled the policymaker if he were still in public office.
"While I certainly don't miss Congress, where politicians are constantly trying to limit Americans' freedom, during my time there I always enjoyed the opportunity to question the Federal Reserve Chairman about the damage the Fed’s policies do to the American economy," he said. "Today, unfortunately for the American people, Chairman Bernanke presented more failed policies that will only worsen our economic crisis at the expense of the vulnerable, while enriching entrenched allies and politicians."