Boehner's nightmare has come true:

Texas congressman Ron Paul, who has long wanted to get rid of the Federal Reserve, was named chairman of the House panel that oversees the central banking system.

Paul, author of End the Fed, was appointed chairman of the Domestic Monetary Policy subcommittee by Rep. Spencer Bachus, incoming chairman of the full House Financial Services Committee.

Ron Paul is now one of the most influential Americans when it comes to banking policy. The Republican fun is just beginning.