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Ron Paul: Opening Statement on Federal Reserve Role and Consumer Protection

You Tube [1]
Friday, July 17, 2009

On Thursday, Congressman Paul questioned Fed Governor Elizabeth Duke during a House Financial Services Subcommittee hearing on consumer protections and the Federal Reserve.

As Dr. Paul argues in this video, additional regulations will be just another tax on consumers, and until we address the underlying problem of the Federal Reserve System itself, consumers will continue to watch the value of their savings decline.