They already defrauded trillions out of Americans and from the nation. They are invisible -- will find new ways to defraud many. The Fed chairman is just a puppet as they follow orders from the money power and political wolves.
Just dismantling the FED is a waste of time. Remember Ron Paul is a politician after all.
What we need is careful policy review, trade balance, deficit balance, etc. However, something can be done rather quickly while others are not. Such as international trade deficit can be quickly changed, but policies and procedures need to take longer time.
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Bankers Pigs vs politician Wolves -- they are the same.
The FED chairs are just puppets, pigs and wolves will find new ways to defraud many.