YOUR FRIENDS' ACTIVITY

    Ron Paul’s legacy celebrated after House votes to audit Federal Reserve

    WASHINGTON — Hundreds of young libertarians gathered on Wednesday night to celebrate the legacy of retiring Rep. Ron Paul hours after the House passed legislation to audit the Federal Reserve — legislation that the Texas congressman has been pushing for years.

    “We had a little vote today in the House of Representatives,” the Paul said to roaring applause at the Young Americans for Liberty event in his honor.

    After the young crowd began chanting, “End the Fed! End the Fed!” Ron Paul responded, saying, “I’ve always argued that once the Fed gets audited, the Fed will end.”

    While the House overwhelmingly passed Paul’s signature legislative desire Wednesday, Democratic Majority Leader Harry Sen. Harry Reid’s office has signaled that he won’t bring the legislation to a vote in the Senate.

    Paul’s son, Kentucky Sen. Rand Paul — who also addressed the crowd at Catholic University on Wednesday night — urged those assembled to email Reid’s office and plead with him to call a vote on the legislation.

    The lawmaker said his staff uncovered video showing Reid in the 1990s “going to town, talking about how we should audit the Fed.”

    “Now, you have to convince him that he still believes that,” Rand Paul said. “And so one of the things you can do, if everyone in this room left here and emailed Harry Reid, I think it would help.”

    Ron Paul predicted that the Senate would pass the legislation if actually brought to a vote.

    The Texas congressman said, “If they did have an up or down honest vote in the Senate right now, I’m convinced the majority would vote for it.”

    The remarks were made Wednesday at the national convention of the Young Americans for Liberty, an organization that grew out of the students supporting Ron Paul’s presidential run in 2008.

    The group held a “Ron Paul Legacy” event to honor the congressman’s twelve-terms in the House. Paul, who ran for president as a Republican in 2008 and 2012, and as a Libertarian in 1988, will retire from Congress this year.

    His son paid tribute to him, saying, “I think that’s one of the things that my father’s legacy will show is that he’s really been beyond the petty partisanship.”

    “I think that’s what’s endeared him to a lot of people,” Rand Paul said, “what’s brought a lot of people to the movement. And I think what you’re seeing is — and what you will see in the future — is this isn’t the end with my father retiring. It’s the beginning of a new wave.”

    Follow Alex on Twitter
    Join the conversation on The Daily Caller

    Read more stories from The Daily Caller

    Lieberman: No need for more studies or hearings on cybersecurity bill

    Ron Paul's legacy celebrated after House votes to audit Federal Reserve

    Wisconsin state senator breaks from Democratic caucus

    Democrats pop balloons, cut cake, sing Happy Birthday to Medicare, Medicaid [VIDEO]

    TheDC's 10 hottest politicians of the last few decades [SLIDESHOW]

    Who made the dumbest statement this week?

    Loading...
    Poll Choice Options
    • What We Know About the Record Breaking Powerball Jackpot's Mystery Winner

      The frenzy for last minute tickets is over. The numbers have been picked out. Somewhere, a single person is $590.5 million richer. Last night's record Powerball jackpot has a winner but we have no idea who that person is yet. 

    • 10 things you need to know today: May 19, 2013

      The U.S. hits another debt ceiling, the winning Powerball ticket is sold in Florida, and more

    • Kanye West's Angry 'SNL' Rant Makes Saturday's Season Finale a Must-Watch

      This coming weekend is a big one for Saturday Night Live. It marks the end of Bill Hader's tenure on the show and Ben Affleck's fifth time hosting. But perhaps the most significant reason to tune in is the fact that Kanye West is the musical guest, and he's making it seem like he really, really doesn't want to be. With West's apparent frustration with the show and his penchant for, shall we say ... off-the-cuff remarks, producers should be worried and we should be excited. Is there a better combo than that?

    • A record Powerball jackpot isn't a record to celebrate

      When the 43-state Powerball lottery jackpot hit a record at $600 million Friday, many Americans who would otherwise not gamble rushed out to buy the $2 tickets. “Just on the off-chance,” many probably said.

    • Soccer-Ferguson criticises City for Mancini sacking

      LONDON, May 18 (Reuters) - Manchester United's outgoing manager Alex Ferguson has criticised neighbours Manchester City for sacking Roberto Mancini. The Italian boss was sacked on Monday having failed to retain the Premier League title he won last season and after losing the FA Cup final to Wigan Athletic. Mancini took out a full-page advertisement in the Manchester Evening News on Saturday, thanking fans for their support during his time in charge. ...

    • After nearly 30 years, Camp Lejeune coming clean

      CAMP LEJEUNE, N.C. (AP) — Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER."

    • Even Cavendish surprised by fourth stage win

      By Alasdair and Fotheringham CHERASCO, Italy, May 17 - A series of small but challenging climbs late on Friday's stage of the 2012 Giro d'Italia could not stop Britain's Mark Cavendish taking his fourth stage win and second in two days. Italy's Vincenzo Nibali remained overall leader but it was sprinter Cavendish who stole the show again after compatriot and pre-race favorite Bradley Wiggins failed to start the 254 kilometer stage, the longest in this year's Giro. In a bunch sprint finish Cavendish outgunned Italy's Giacomo Nizzolo and Slovenia's Luka Mezgec. ...

    • 'American Idol' Finale: The End of an Era

      RELATED: 'American Idol': Cry Me a River

    Follow Yahoo! News