Morgan Stanley Says There is a Chance Ron Paul Could be Fed Chairman
Puts the odds at 4 percent
Since last October, it has been known that Rep. Ron Paul would pick Jim Grant as the new chairman of the Federal Reserve. Both are among the most vocal critics of the Fed's current monetary policy path.
However, what are the odds that Paul himself becomes the next Fed Chairman?
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Making Ron Paul chairman of the Federal Reserve would be like making Howard Stern chairman of the FCC.