First his honesty, instead of admitting he really doesn't know about this group, he tries to pretend like he knows and gives a non response. So much for the "Straight Talk Express."
Second, maybe someone who has been running for president since about 1997 and who has been in Washington DC forever should be at least familiar enough with the office to know about the existence of this group.
Here is the video:
Here is the written transcript of the question and answer:
REP. PAUL: My...my question is for Senator McCain. This is an economic question that I wanted to ask. It has to do with the President's Working Group on Financial Markets. I'd like to know what your opinion is of this and whether you would keep it in place, what their role would be, or you would get rid of this group. And if you kept the group, would you make sure we would see some sunlight and know what they're doing and how they're being involved in our markets?.
SEN. MCCAIN: Well, obviously we'd like to see more sunshine. But I as president, as every other president, rely primarily on my secretary of the Treasury, on my Council of Economic Advisers, on the head of that. I would rely on the circle that I have developed over many years of people like Jack Kemp, Phil Gramm, Warren Rudman, Pete Peterson, and the Concord Group. I have a process of leadership Ron, that is sort of an inclusive one that I have developed, a circle of acquaintances and people that are supporters and friends of mine who I have worked with for many, many years..
REP. PAUL: So you'd get rid of the group?.
SEN. MCCAIN: You remember back in 1982 when Phil Gramm... Phil Gramm and Warren Rudman and Gramm-Latta and all of those people got the first real tax cuts done, the real first real restraints in taxes. I was there. You were there. And I rely on those people to a much larger degree than any, quote, "formal" organization, although the secretary of Treasury is obviously one of the key and important posts that I would have.