Video News/In Focus with Jeremy Szafron

Fed under fire: $200B in bank payouts, gold bond talks, full audit urged | Judy Shelton

Judy Shelton, former Trump Fed nominee and author of Good as Gold, joins Jeremy Szafron to discuss the rising calls to audit the Federal Reserve, the $200 billion in interest payments to banks and foreign institutions, and the growing momentum behind gold-backed U.S. Treasury bonds. Shelton confirms that conversations with Trump administration officials are “constructive” as they consider launching long-term, gold-redeemable debt ahead of America’s 250th anniversary. In this Kitco News interview, Shelton outlines why the Fed's balance sheet losses, interest-on-reserves framework, and constitutional overreach demand urgent reform. She also addresses whether she would accept the role of Fed Chair in 2026.

Guests: Judy Shelton
Source: Kitco News
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