When asked if he would take over chairmanship of the subcommittee, Paul replied “The chairman of the financial services subcommittee, Spencer Bachus, has told me today verbally that I will be the chairman of that subcommittee. He was the one who appointed me as the ranking member and he is sticking to his guns and that I will have responsibility of that committee.”
Political Gamesmanship
Ron Paul Ready to Subpoena Federal Reserve as He Takes Over Chairmanship of Monetary Policy Subcommittee
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