Ron Paul Grills Bernanke says 'Congress Ought to Get a Backbone'

Rep. Ron Paul, (R-TX) wants to know about the secrecy surrounding the Fed’s action in bailing out banks in Europe, and which branch of government has the authority to monitor monetary policy.

Rep. Ron Paul, (R-TX) asks Fed Chairman Ben Bernanke to address the difference between inflation and deflation before the House Financial Services Committee.