Rand Paul on Republicans' Voter Appeal and the Federal Reserve

Paul believes Republicans can win the support of minorities and the working class. He reveals how—plus his picks for Fed chairman

Photograph by Daniel Shea for Bloomberg Businessweek

How seriously are you thinking about the White House?
At this point we’re thinking about ways to grow the Republican Party and won’t make any decision about whether that involves me running or not for about a year. But I am very serious about making the party more inclusive, making it a party where every ethnic group is welcome. That includes trying to grow our party within the working class. I am going to attempt over the next year or so to expand that appeal to people who I call the not-yet-haves—not the have-nots, but the not-yet-haves—to show them that we are the party of opportunity.