Well that's not what this bill does, and that certainly isn't what Ron Paul wants at all. He wants the market to take care of the things the Fed does, not just a different central planner.
Yeah, Paul wants it turned over to Congress.
No, he doesn't. He wants the market to handle it.
If creation of a central bank is unconstitutional, which you argue because you claim Congress can't just hand over their powers, handing those powers over to the open market would surely be so.