Alan Grayson grilled Federal Reserve General Counsel relentlessly today during the Financial Services Committee’s hearing on Ron Paul’s bill to audit the Federal Reserve (HR.1207). I almost felt bad for the diminutive lawyer. I’m disappointed that Bernanke himself was not available for the hearing, but the testimony and questioning of Tom Woods was quite interesting and revealing.
More later, but for now watch Grayson hammer on the Fed lawyer. To see more highlights from the hearing see this article.