$200B Bank Windfall Sparks Outrage as Fed Audit Calls Mount and Gold Bond Ideas Resurface

Judy Shelton, former Trump Fed nominee and author of Good as Gold, joins Kitco News anchor Jeremy Szafron to expose why the Federal Reserve is facing growing scrutiny from lawmakers and sound money advocates. With $200 billion in interest payouts to banks and foreign institutions, Shelton breaks down the case for a full Fed audit and reveals behind-the-scenes discussions on launching gold-backed U.S. bonds in time for America’s 250th anniversary.

Shelton warns that the Fed’s balance sheet losses and interest-on-reserves system represent a dangerous expansion of power and calls for urgent monetary reform. She also weighs in on returning to a gold standard, restoring fiscal discipline, and whether she would accept the role of Fed Chair in 2026.

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00:00 Introduction
00:32 Judy Shelton's Perspective on Fed Policies
01:13 The 2008 Financial Crisis and Fed's Response
03:47 Current Issues with Fed's Interest Payments
06:30 Congressional Oversight and Fed Accountability
09:38 Calls for Fed Reform and Leadership Changes
15:53 Gold and Sound Money Movement
18:36 Proposal for Gold-Backed Treasury Bonds
36:28 Conclusion

#FederalReserve #JudyShelton #AuditTheFed #Gold #Trump #MonetaryPolicy #InterestRates #KitcoNews
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