Will The Fed Be Abolished Under Trump? What A Full Audit Could Reveal | Judy Shelton

Summary

Judy Shelton argues the Trump administration should aggressively reform or dismantle the CFPB, audit and constrain the Federal Reserve, and move toward sound money with zero inflation. She favors a gold-linked monetary framework and proposes 50-year gold-backed Treasury bonds collateralized by revalued U.S. gold reserves. She also discusses Fed accounting losses, interest on reserves, Bitcoin as a strategic reserve, and gold's long-term purchasing-power advantage.

• Shelton supports halting CFPB activity and eliminating the agency, arguing it is unaccountable and anti-consumer.
• She supports auditing the Fed and questioning central-bank independence, citing accounting treatment and operating losses.
• She advocates a zero-inflation target and sound money rather than 2% inflation.
• She sees the classical gold standard and Bretton Woods as lessons for stable money and fair trade.
• She proposes 50-year gold-backed Treasury trust bonds using revalued U.S. gold reserves as collateral.
• She says gold should retain value as the dollar's purchasing power erodes and opposes selling U.S. gold reserves.
• She prefers gold over Bitcoin for reserve collateral and says Bitcoin does not need help.
• She argues ending interest on reserves would push bank reserves into Treasuries or private loans.