"If this guy prints more money between now and the election, I don't know what you would do with him," Perry said. "We would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous -- or treasonous -- in my opinion."

This morning, campaigning in Bedford, New Hampshire, Perry acknowledged that his comment sparked a political firestorm.

"I got in trouble talking about the Federal Reserve yesterday," he told a group of state business and political leaders. "I got lectured."

Still, he said, until greater transparency measures are put in place, concerns such as his will be raised about the Fed.

"Until they do that, there will continue to be questions about their activity and what their true goal is for the United States," Perry said.

He fired back at the White House, which criticized his comments yesterday.

Jobs Issue

"The president said I needed to watch what I say," Perry said this morning. "I just want to respond back, if I may. Mr. President, actions speak louder than words. And my actions as governor are helping create jobs in this country. The president's actions are killing jobs in this country."

He took another jab at Obama later, questioning the president's immigration policy while visiting Resonetics LLC, a micro-manufacturing company in Nashua, New Hampshire.

"'Six weeks ago the president went to El Paso and said the border is safer than it's ever been," he told a group of business leaders. "Maybe he was talking about the Canadian border."