Sen. Rand Paul’s (R-KY) “bash-the-Fed routine” “is political gold with libertarian voters suspicious of all federal authority, especially a central bank with a $4.5 trillion balance sheet,” Politico reports.
“But Paul could face a significant challenge if he emerges from Iowa with a legitimate shot at the Republican nomination. Because experts say he gets many of his arguments about the Fed flat wrong. And the establishment wing of the GOP — backed by piles of Wall Street money — views Paul’s approach to the Fed as dangerous and irresponsible.”
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