Rand Paul actually said...

"Thank you, Mr. Chairman. I want to thank you for holding these hearings because I think they are very important."

"I am concerned about the history of regulation. We don't have a real good record that regulations prevent problems."

"The Federal Reserve is hardly a protector of the consumer when it distorts the interest rate that is paid to the savers."

"It is absurd to have a government agency with this kind of power be the agency immune from such audits."