Sounds like great news to me. The Federal Reserve is getting ready to print $600 billion more by 2nd Qtr 2011 (on top of the 1.7 Trillion they have printed in the past 2 years), and they refuse to let anyone, including Congress to examine their books. They need somebody watching them that's not one of their lackeys.
Ron Paul in charge of Federal Reserve oversight? - On Congress - POLITICO.com
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The committee has been low key under Rep. Melvin Watts (D-N.C.). His web site says he plans to hold hearings on "equal access by the visually impaired to U.S. coins and currency."
It's safe to say that a Paul chairmanship might be a little more intense.
Ron Paul in charge of Federal Reserve oversight? - On Congress - POLITICO.com
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