Federal Reserve Chair Jerome Powell and President Donald Trump outside the White House. Drew Angerer/Getty Images President Donald Trump has hit out at Fed chair Jerome Powell for not cutting interest rates faster. Fresh fears about the central bank’s independence hit stocks, bonds, and the dollar on Monday. Wall Street figures said Powell might be […]
Following Elon Musk’s announcement last week that he wants to personally audit the United States’ gold reserves at Fort Knox on behalf of the Department of Government Efficiency (DOGE), President Trump now says that he intends to come along. Trump announced on Saturday during his appearance at the Conservative Political Action Conference (CPAC) that he would
Gold is projected to gain momentum in the latter half of 2025 as the Federal Reserve resumes rate cuts. However, the current spotlight is on how President-elect Donald Trump’s proposed tariffs are dramatically impacting the global silver market, according to Daniel Ghali, Senior Commodity Strategist at TD Securities. In a recent interview, Ghali highlighted an
(Kitco News) – Former U.S. Congressman Dr. Ron Paul doubled down on his long-standing call for the abolition of the Federal Reserve, arguing that the institution is unconstitutional, illegal, and detrimental to the U.S. economy, which is already showing significant cracks. In an interview with Kitco News, Paul stressed the urgency of addressing the Fed’s
House Majority Whip Tom Emmer, R-Minn., on Tuesday afternoon will reintroduce the Central Bank Digital Currency Anti-Surveillance State Act. a Republican-backed bill that aims to prevent the Federal Reserve and its member banks from issuing a digital version of the dollar and using it to implement monetary policy. 130 countries, representing 98% of the global
GOP Takes on Federal Reserve in Battle Over Digital Dollar Read More »
A U.S. lawmaker has accused the Federal Reserve of quietly working on a central bank digital currency (CBDC) — which he likens to “building the financial equivalent of the Death Star.” Rep. Warren Davidson of Ohio believes it would create similar authoritarian powers for the nation’s central bank to “corrupt … [coerce] and control” Americans
