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Trump Administration to Remove 760,000 Affordable Care Act Enrollees Over Fraud Claims

(Headline USA) Vice President JD Vance and other Trump administration officials said Tuesday they plan to remove 760,000 Affordable Care Act enrollees from public healthcare exchanges, alleging that the individuals were fraudulently enrolled in the program, or simply do not exist. Vance said the discovery and canceled subsidy payments for...

Illinois Homelessness Prevention Costs Taxpayers over $600 Million

(Jim Talamonti, The Center Square)  State and federal taxpayers are poised to spend more than $600 million on homeless prevention efforts in Illinois during the current fiscal year. A report released earlier this month by the Interagency Task Force on Homelessness and the Illinois Office to Prevent and End Homelessness...

ActBlue Broke Law by Allowing Foreign Donations, House Report Finds

(Luis Cornelio, Headline USA) A 112-page report released by three Republican-led congressional committees raised shocking allegations against ActBlue, the Democratic Party's fundraising giant, over its reported unlawful efforts to accept foreign donations. Released Wednesday, the lengthy interim report alleged that ActBlue's policies designed to block what the House Judiciary Committee described...

Diesel in Midwest Could Soon Reach $7 After Refinery Issues

(Sean Reed, The Center Square).An Exxon Mobil fuel refinery southwest of Chicago went offline over the weekend, causing a halting of production and driving already heightened fuel costs even higher for Midwestern motorists, who likely won’t see prices ease until days later. The cost for a regular gallon of fuel...

While Everybody Obsesses About Rate Hikes, Federal Spending Marches Along Unabated

(Mike Maharrey, Money Metals News Service) While everyone obsesses over the possibility of a quarter-point interest rate hike, the U.S. government keeps adding to its massive $40 trillion debt. The Trump administration ran a $166.8 billion deficit in August, according to the Monthly Treasury Statement. That drove the fiscal 2026 budget shortfall...

Money Metals, Sound Money Groups Release 2027 Sound Money Review

(Sound Money Defense League, Money Metals News Service) Three pro-gold and silver groups have teamed up to present the second edition of the Sound Money Review, a scholarly journal dedicated to advancing principles of sound money. The Sound Money Review, presented by Money Metals, Sound Money Defense League, and Sound Money Foundation, showcases compelling...

Former CIA Official Found with Gold Bars Reaches Tentative Plea Deal After Charge of Salary Theft

(Headline USA) A former CIA official found with $40 million of gold bars in his home has reached a tentative plea agreement after being charged with theft for fraudulently inflating his salary, according to court records. A federal judge on Friday extended a deadline to formally indict defendant David J....

Diesel Prices are Hitting Record Highs at a Bad Time for Many US Farmers

(Headline USA) The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation's largest commodities, soybeans and corn. The spike adds to an already tough year for these farmers, who also faced higher...

The Fed Will Hike! Or It Won’t. It Really Shouldn’t Matter to a Gold or Silver Investor

(Mike Maharrey, Money Metals News Service) Will they? Or won’t they? That’s the question on everybody’s mind. Will the Federal Reserve finally pull the trigger and hike interest rates at next week's September meeting? I’m about 50-50, maybe leaning slightly toward a hike. However, I don’t think it ultimately matters, because...

Treasury Department Announces Even Bigger Bond Buyback; Market Shrugs

(Mike Maharrey, Money Metals News Service) If at first you don’t succeed, try, try again. That seems to be the mantra over at the U.S. Treasury Department. On Wednesday, Treasury Secretary Scott Bessent announced the department plans to triple its long-term bond buyback program to $6 billion during its operation on...

World’s Largest Sovereign Wealth Fund to Cut U.S. Treasury Holdings

(Mike Maharrey, Money Metals News Service) The bloodbath in the bond market keeps picking up speed along with the debasement trade. Last week, the world’s largest sovereign wealth fund announced a plan to slash its government bond holdings by about 20 percent. "We recommend that the government subindex of the bond index...

Brien Lundin: Debt, Debasement, and Why Gold’s Bull Market Has Support

(Money Metals News Service) In a recent Money Metals Podcast interview, host Mike Maharrey spoke with Brien Lundin, editor of The Gold Newsletter and CEO of the New Orleans Investment Conference, about the outlook for gold and silver amid swelling federal debt, rising Treasury yields, Federal Reserve policy, and what Lundin views...
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