Ron Paul

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Ron Paul
Ron paul full.jpg
Occupation Chairman of House of Representatives Financial Services subcommittee
Employer Congress
Location Washington

Ron Paul was named chairman of the House subcommittee on domestic monetary policy in December of 2010 by his fellow Republicans. The subcommittee oversees the U.S. Federal Reserve as well as the currency and the valuation of the dollar. [1]

Paul embraces the Austrian school of economic thought, which holds that the government has no role in regulating the economy. A libertarian, he has advocated greater civil liberties, including the decriminalization of marijuana, and was opposed to the U.S.-Iraq war.

He has been a member of Congress for 20 years, and he ran unsuccessfully for the Republican presidential nomination in 2008. He is also an obstetrician. [2]

Background

Paul is the author of the 2009 surprise bestseller, End the Fed, which argues in favor of abolishing the Federal Reserve and returning to the gold standard.[3] [4]

He is the father of Senator-elect Rand Paul of Kentucky, the Tea Party movement’s most high-profile winner.

Education

Paul graduated from Gettysburg College with a Bachelors in Science. He went on to receive an M.D. from Duke University School of Medicine.

References

  1. US warned on currency crisis. FT.
  2. Rep. Ron Paul, G.O.P. Loner, Comes In From Cold. The New York Times.
  3. End the Fed. Amazon.com.
  4. What Ron Paul Wants: A Quartet of U.S. Currencies. Daily Finance.