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Ron Paul’s Dream of Auditing the Fed Could Finally Happen—Thanks to Elon Musk [WATCH]

Elon Musk is considering [1] appointing former Congressman Ron Paul to lead an audit team within DOGE, with a specific focus on scrutinizing the Federal Reserve.

The possibility emerged after a suggestion from X user Liam McCollum, who posted, “DOGE and @elonmusk should let @RonPaul lead a Federal Reserve audit team.”

Musk responded directly to the proposal, stating, “Good idea.”

Ron Paul, a longtime critic of the Federal Reserve, has been vocal about the need for increased transparency and accountability within the central banking system.

Fifteen years ago:

Throughout his career, he has pushed for audits of the Federal Reserve, arguing that the institution operates without sufficient oversight.

“There is no authority in the constitution authorizing a central bank, which means there should be no federal reserve system,” Paul has stated.

Musk’s potential decision to bring Paul into DOGE’s audit efforts aligns with broader efforts by those in the Trump administration to enhance transparency in government operations and reduce financial waste.

The discussion over a Federal Reserve audit comes amid a legal battle regarding DOGE’s access to the Treasury Department’s payment systems.

Last week, a federal judge in New York temporarily blocked DOGE from accessing those systems, a move that has drawn scrutiny from critics who argue that federal agencies are resisting oversight efforts.

While Musk’s consideration of Paul for the audit role has sparked discussion, Paul himself has not yet commented on the matter.

The possibility of a Federal Reserve audit led by Paul has drawn both support and criticism, as proponents argue that increased oversight is necessary, while opponents contend that such an effort could disrupt financial stability.

Musk has not provided further details on what an audit team within DOGE would entail or how it would operate in relation to federal oversight.

The situation remains ongoing, with more developments expected in the coming weeks.