“Now that doesn’t mean that the first week in January I send over a subpoena for [Fed Chairman Ben S.] Bernanke and demand that he come over with a pile of papers. I don’t think that would be logical,” Mr. Paul said in an interview on C-SPAN.
He will be sending requests for information to others at the Federal Reserve such as the accountants, “and say this is what I want, and to see what happens,” Mr. Paul said.
“And then they can still hide behind the law if I want to demand every transaction with foreign banks,” he said, adding that it would benefit Americans to know who was receiving bailouts.
Mail handlers face busiest day of year
The post office expects its busiest day of the year Monday as people mail Christmas cards and packages that they prepared over the weekend.
Postal officials expect 800 million pieces of mail to be handled on Monday, 40 percent more than the average daily volume.
“There’s still time to mail greeting cards and ship presents,” Postmaster General Patrick R. Donahoe said in a statement. “If customers get their cards and packages to us by Tuesday, Dec. 21, we’ll get them delivered by Christmas.”
Phone ban urged for bus, truck drivers
The government is proposing to ban commercial truck and bus drivers from using hand-held cell phones from behind the wheel.
The Transportation Department says the proposal would prevent interstate truck and bus drivers from reaching for, holding or dialing phones while operating their vehicles.
Bus and trucking companies and their drivers could face fines, and drivers who rack up multiple offenses could lose their licenses.
Nearly 5,500 people were killed and a half-million were injured in 2009 in crashes involving distracted drivers.
The government estimates that the proposal would affect 4 million commercial drivers. The government this year banned text messaging while operating a commercial motor vehicle.