Friday, May 1, 2026

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Fed Chair Powell Accused of Lying to Congress About Luxurious HQ Renovations

(Mike Maharrey, Money Metals News Service) The Federal Reserve’s Washington, D.C. headquarters is getting an expensive facelift, and it appears Fed Chairman Jerome Powell lied about it to Congress. According to reporting by the New York Post, the cost of the taxpayer-subsidized renovation approved in 2019 has ballooned by nearly 32 percent....

Money Metals CEO Stefan Gleason Talks Gold, Silver, and Mining Royalty Companies

(Resource Stock Digest, Money Metals News Service) Gerardo Del Real of Resource Stock Digest sat down with Stefan Gleason, president of Money Metals Exchange and a longtime advocate for sound money stewardship and smart precious metals ownership. The interview dug into why Money Metals is one of the most trusted firms in the sector and how...

Strong U.S. Jewelry Sales Drive Silver Demand Higher and Other Silver News

(Mike Maharrey, Money Metals News Service) Strong silver jewelry sales in the U.S. are one of the many factors that pushed the silver market to its fourth straight supply deficit in 2024. This was one of several interesting stories featured in the latest edition of the Silver Institute's bi-monthly Silver News report. Based on the survey,...

Hong Kong Investors Have Nearly Tripled Their Gold Holdings

(Mike Maharrey, Money Metals News Service) While many Western investors still haven’t hopped on the gold bandwagon, Asian investors have been piling up yellow metal. For example, affluent Hong Kong investors have nearly tripled their gold holdings over the last year. According to an HSBC survey, Hong Kong residents with $100,000...

The Founding Fathers and Paper Money

(Mike Maharrey, Money Metals News Service) As we celebrate America’s independence, there is a lot of focus on the Founding Fathers. After all, they drove the American Revolution. The revolution was a mind-boggling accomplishment. It was incredible that rag-tag U.S. forces were able to face down the mighty British Empire....

Trump Wants to Set Up a Sovereign Wealth Fund. What is It?

(Brett Rowland, The Center Square) President Donald Trump's plan to create a sovereign wealth fund that's the world's envy remains undefined. In the meantime, Norway's Government Pension Fund Global is among the largest in the world, with more than $1.8 trillion in assets. In February, Trump told Treasury Secretary Scott Bessent...

Senator Proposes Aid for Areas Strained by Illegal Immigration

(Zachery Schmidt, The Center Square) U.S. Sen. Ruben Gallego, D-Arizona, reintroduced a bill this week that aims to help areas affected by illegal immigration. The First Responders Emergency Assistance Act would establish emergency grants for law enforcement and first responders in areas that receive a high volume of calls related to...

Sound Money Saved the American Revolution

(Money Metals News Service) As Americans celebrate Independence Day with fireworks and festivities, it’s worth remembering that the ideals of 1776 were more than abstract declarations—they were backed by bold action, including the rejection of debased money and the embrace of gold and silver as the foundation of a...

New Law Banning Foreign Ownership of Texas Land Goes into Effect Sept. 1

(Bethany Blankley, The Center Square) As foreign espionage threats continue in the U.S. and in Texas, a new bill becomes law Sept. 1 that prohibits foreign ownership of Texas land. SB 17, filed by state Sen. Lois Kolkhorst, R-Brenham, passed the Texas legislature with bipartisan support and was signed into...

‘Big Beautiful Bill’ Includes $150 Billion in Extra Military Spending

(Dave DeCamp, Antiwar.com) The Senate on Tuesday advanced a massive spending package, dubbed the “Big Beautiful Bill” by President Trump, that includes $150 billion in extra military spending. The bill passed in a vote of 51-50, with Vice President JD Vance casting the tie-breaking vote, as three Republicans — Senators Rand...

‘Swamp Creation’ Or ‘Massive Win’? Here’s How the Senate Changed ‘Big, Beautiful Bill’

(Thérèse Boudreaux, The Center Square)  After a 27-hour voting session, Senate Republicans narrowly approved their amended version of the House-passed “big, beautiful bill” Tuesday, sending it back to the lower chamber for final approval. But the Senate’s swath of controversial changes has alienated multiple House Republicans and upset delicate political compromises House...

Over 500 Jewish Organizations Receive $94 Million from DHS

(José Niño, Headline USA) Jewish synagogues, schools, and community centers nationwide will receive an influx of cash as the Department of Homeland Security announces $94 million in grants following a surge in antisemitic attacks. Last Friday, DHS announced that it is awarding $94,416,838 in federal grants to 512 Jewish faith-based...
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