Ron Paul's Pick for Fed Chair: No One

Ron Paul's Pick for Fed Chair: No One

FORTUNE -- The bids of Larry Summers and Janet Yellen to replace Ben Bernanke just took a major blow.

Ron Paul, the famously libertarian politician and former presidential candidate, has thrown his weight behind his own pick for the next chair of the Federal Reserve, and it isn't Summers or Yellen. Paul's pick for the next Fed head: No one.

Here's what Paul had to say via a spokesperson:

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