Gold gains for third day before US data that may shape rate path
Bullion traded near $2,670 an ounce — touching the highest since mid-December.
Like father, like son: Rand Paul has been making headlines recently over his demands for greater congressional oversight of the US Federal Reserve.
Paul has threatened to block the nomination of Janet Yellen as the next US Federal Reserve chair unless an audit is allowed to go ahead.
Here is the Oct. 29 letter Paul wrote to Senate Majority Leader Harry Reid:
4 Comments
EZC
Mr. Rand, has been vocal to disappear the FED. Why does he bother to audit the FED?
frankinca
Finally someone who can attempt to get the transparency needed to establish a trustworthy government financial entity. Sort of an extremist in some of his views, but his take on our Federal government has lots of positives. His comments on taxes was really eye opening and sensible. Isolating as much of our government operations from political point of view was why the Civil Service was formed. and the non-civil service leaders should be replaced when suspicious activities occur in their jurisdiction.
ion.
Michael Allan McCrae
Given the current state of congress, the Fed’s independence has never looked better.
frankinca
His signature (Rand Paul’s) has disproportional capital letters indicating a self importance characteristic. Most all politically motivated have this trait. But, notice he clearly spells out the rest of his name indicating he has nothing to hide and wants to be clear of his intentions. the break on the final letter and the extra height on this l need more interpretation assistance.