Well, that also brings us back to this problem with the Federal Reserve and with the Secretary of the Treasury. Yes, we had some people saying we've got to confirm Timothy Geithner as the Secretary of the Treasury because he worked with Paulson in the early days of TARP. He knows the plan. Well, that tells me he should never have been confirmed if he'd worked with Paulson on the original plan, because it was a disaster, and it should never have been allowed to have happened as it did; but now we've got these guys--the head of the Federal Reserve and the head of the Treasury--who are going to pick the winners and losers in the country. I yield.
Louie Gohmert: “Well, that also brings us back to this problem with the Federal Reserve and with the Secretary of the Treasury. Yes, we…”
Editor's note · Context
Gohmert criticizes the confirmation of Timothy Geithner as Secretary of the Treasury and the role of the Federal Reserve.
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