Fed Under Fire: $200B in Bank Payouts, Gold Bond Talks, Full Audit Urged | Judy Shelton

Video Description

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. Key topics: -$200B in Fed interest payouts — and who’s really benefiting -Why Shelton calls the Fed’s system “perverse” -Structural audit bill gaining traction in Congress -Gold-backed Treasuries: how it could work, and who’s behind it -Trump administration’s internal debates on Fed reform -Shelton’s 2026 Fed Chair potential: would she accept Follow Jeremy Szafron on Twitter: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Judy Shelton on Twitter: @judyshel (https://twitter.com/judyshel) 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 __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram: https://www.instagram.com/kitconews Facebook: https://www.facebook.com/KitcoNews LinkedIn: https://www.linkedin.com/company/kitconews Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver Live crypto market data: https://www.kitco.com/price/crypto Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.