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Wednesday, March 26, 2025

FINANCE

Ex-Federal Reserve Official Sentenced to 2 Years in Prison for Insider Trading

(Ken Silva, Headline USA) A former official for the Federal Reserve Bank of Richmond was sentenced on Tuesday to 24 months imprisonment for misappropriating internal Fed information to engage in insider trading. The defendant, Robert Brian Thompson, 43, of Mosley, worked as a bank examiner and senior manager with supervisory...

DOGE Claims a 9-Month Old Baby Received $100k Small Business Loan

(Maire Clayton, Headline USA) President Donald Trump and his administration revealed more ways the government was wasting money in a Monday meeting. The Department of Government Efficiency found that millions of dollars in loans were being given to children. “One case of fraud was with the Small Business Administration, where they...

Copper Is Breaking Out

(Jesse Colombo, Money Metals News Service) Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle. Of course, I’ve been bullish on copper for several months. My view was that copper...

Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override

(Sound Money Defense League, Money Metals News Service) Slapping small-time savers in the face for the second time in 12 months, Kentucky Gov. Andy Beshear has again vetoed a bill that would end sales taxes on purchases of precious metals. House Bill 2, introduced by Rep. TJ Roberts, enjoyed overwhelming...

Trump Vows Punitive 25% Tariff on Venezuelan Oil Buyers

(Headline USA) President Donald Trump announced on Monday plans to impose a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, in addition to new tariffs directly targeting the South American nation itself. In a statement posted on Truth Social, Trump described Venezuela as “very hostile”...

The Fed Posted Another Big Operating Loss in 2024 and It’s Ultimately Your Problem

(Mike Maharrey, Money Metals News Service) The Federal Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss. The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion. On top of its operating loss, the...

Lawmakers Face Deadline to Raise Debt Ceiling or Default on $36 Trillion Debt

(Thérèse Boudreaux, The Center Square) – Unless Congress suspends or raises the debt ceiling soon, the U.S. government could default on its $36.2 trillion debt by mid-July, according to the newest debt limit analysis. The Bipartisan Policy Center, which published the analysis Monday, projects the “X Date” will occur somewhere...

‘Snow White’ Star Wishes Harm to MAGA, then is Shocked when Woke Film Flops

(Luis Cornelio, Headline USA) Disney’s live-action remake of Snow White appears poised to rank among the studio’s worst-performing films in recent years, according to box office numbers reviewed by the Daily Mail.  Starring actress-turned-leftist activist Rachel Zegler, the movie has earned just $3.5 million in Thursday previews and is expected to bring in...

G. Edward Griffin Exposes the Fed: Secrets, Cartels, and the Battle for Monetary Control

(Money Metals News Service) In a riveting and candid conversation on the Money Metals Podcast, host Mike Maharrey sat down with G. Edward Griffin, the prolific author best known for The Creature from Jekyll Island, a book that has shaped modern understandings of the Federal Reserve and its shadowy origins. (Interview Starts Around 5:40 Mark) The Birth...

Idaho Reaffirms Gold and Silver As Legal Tender

(Sound Money Defense League, Money Metals News Service) For the second time this month, new sound money legislation has become law in Idaho. Faced with the overwhelming likelihood of a veto override from the legislature, liberal Idaho Governor Brad Little signed the Idaho Constitutional Money Act of 2025 reaffirming gold and silver...

How the Fed Ruined the World’s Most Famous Coin Trick

(Doc Dixon, Money Metals News Service) Did you know the Federal Reserve ruined the world's greatest coin trick? It's true! I'll tell you the story. Thomas Nelson Downs (1867-1938) was a star of the vaudeville stage. Known as the King of Koins, he was skilled in sleight of hand, but like most...

Fed Chair Says Everything’s Fine; So Did the Fed Chair in 2007

(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell doesn’t think you should be worried about a recession. If history is any indication, you should probably be worried about a recession. During his press conference following the March FOMC meeting, Powell called the economy “strong overall,” and he brushed...
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