Breaking: Ron Paul WILL Head Fed Oversight Committee!

Early speculation has turned out to be accurate. Dr. Ron Paul, who also ran for President in 2008, has been appointed to head the Domestic Monetary Policy Subcommittee of the House Financial Services Committee. This is the subcommittee that provides oversight for the Federal Reserve, among other things.
http://paul.house.gov/index.php?option=com_content&view=article&id=1806:paul-appointed-chairman-of-domestic-monetary-policy-subcommittee&catid=32:2010-press-releases

Congressman Ron Paul has been appointed to head the Domestic Monetary Policy Subcommittee of the House Financial Services Committee in the 112th Congress. The subcommittee has jurisdiction over monetary policy, currency, commodity prices, and matters related to the Federal Reserve Bank generally.

Congratulations, Dr. Paul. I can think of no one better qualified for the post.