Trump says he’s going to Fort Knox to inspect gold reserves
President Trump said Thursday he intends to make a trip to Fort Knox in Kentucky to inspect the nation’s gold reserves amid a push from Elon Musk and some Republicans to conduct a review the facility.
“I'm actually going on this one. All my life I’ve heard about Fort Knox. That’s where the gold is kept,” Trump told Republican governors at a reception in Washington.
“We’re getting a little bit shaky. We’re getting the yips on this stuff. Like I want to find out,” Trump said. “We’re going to open up the doors. I’m going to see if we have gold there. Did anybody steal the gold in Fort Knox?”
Musk, with the encouragement of Republicans like Sen. Rand Paul (R-Ky.) and Sen. Mike Lee (R-Utah), has pushed for a review of Fort Knox and spread unfounded claims that gold reserves are missing from the facility.
Treasury Secretary Scott Bessent said in a recent interview that there is an annual audit of Fort Knox and that “all the gold is present and accounted for.”
Fort Knox has stored the country’s gold reserves for decades. It also hosts the Army’s largest yearly training event each summer, according to The Associated Press.
There is currently 147.3 million ounces of gold at Fort Knox, according to the U.S. Mint, which is roughly half of the Treasury Department’s gold.
Read more at The Hill
Topics
-
Elon Musk to be let inside Fort Knox to inspect gold reserves
The United States Bullion Depository at Fort Knox has stored precious metal bullion reserves for the United States since 1937.CBS News - 6h -
Trump says his administration will check Fort Knox 'to make sure the gold is there'
A drive to audit Fort Knox has gained steam recently from comments by Elon Musk on X.CNBC - 1d -
Why the Price of Gold Keeps Going Up
The precious metal, considered a haven asset, is usually sought out by investors during times of turmoil.The New York Times - 6h -
Trump says he's weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency to Americans.CNBC - 1d -
Trump says he's had 'good talks' with Putin but not Ukraine
President Donald Trump said he's had "good talks" with Russia's Vladimir Putin but not with Ukraine, and that he's "sick" of how Volodymyr Zelenskyy has handled the war.ABC News - 2h -
What are Trump’s USPS plans? He says the Postal Service is a ‘tremendous loser’ that should ‘operate a lot better.’
President Donald Trump on Friday said his administration is working on an overhaul of the U.S. Postal Service and indicated that multiple options were under consideration.MarketWatch - 11m -
Trump says he ‘had very good talks with Putin’ and again criticizes Ukraine – live
US president also accuses Kyiv of talking ‘tough’ but having few bargaining chips in latest remarks in feud with Ukrainian president Zelenskyy. French far-right leader cancels CPAC speech over ...The Guardian - 24m -
TLOU Boss Says He Never Felt Confident With A Game He's Led Except For This One
Neil Druckmann is one of gaming's biggest names, and he's helped write and direct games in the critically and commercially successful franchises like The Last of Us and Uncharted. But Druckmann ...GameSpot - 2h -
Murphy says he believes ‘the entire American political system is corrupted by money’
Sen. Chris Murphy (D-Conn.) discussed the influence of money on the political system in the U.S., implicating his own party in the corruption he said it causes. “I think the entire American ...The Hill - 22h
More from The Hill
-
Arizona advances bill to keep AI from rejected medical claims
Arizona state lawmakers advanced a bill Thursday that would ban the use of artificial intelligence (AI) to deny medical claims. The Arizona House of Representatives passed the legislation 58-0, ...The Hill - 43m -
Trump 'thinking about' absorbing Postal Service into administration
President Trump said Friday he was considering merging the U.S. Postal Service into his administration, calling the agency a “tremendous loser” of money. “We want to have a post office that works ...The Hill - 46m -
Live updates: Donalds, Lake, Grenell among Trump allies highlighting CPAC's second day
National security adviser Mike Waltz, special presidential envoy Richard Grenell and former Arizona Senate candidate Kari Lake were among the high-profile Republicans speaking at the Conservative ...The Hill - 51m -
California wildfire aid will come with 'strings,' says Trump envoy Grenell
The Trump administration will place “strings” on the recovery assistance it gives to California after the state faced deadly wildfires, Trump envoy Richard Grenell said Friday. “The federal ...The Hill - 1h -
Democrat Crockett 'rooting' for Mexico, Canada against Trump: 'It's really wild'
Rep. Jasmine Crockett (D-Texas) said Friday she is "rooting" for Canada and Mexico because they are standing up to President Trump. "They are really the ones that are speaking truth to power right ...The Hill - 1h
More in Politics
-
‘O Canada’ singer confirms she changed lyrics to protest Trump’s 51st state remarks
The 'O Canada' singer changed the words 'in all of us command' to 'that only us command' to protest Trump’s 51st state remarks.NBC News - 13m -
Trump says he is considering merging USPS with Commerce Department
President Trump told reporters he would be considering merging the United States Postal Service with the Commerce Department, knocking the current state of the USPS as a "tremendous loser."NBC News - 21m -
Associated Press sues 3 Trump administration officials, citing freedom of speech
The Associated Press sued three Trump administration officials Friday over access to presidential events, citing freedom of speech in asking a federal judge to stop the 10-day blocking of its ...NBC News - 24m -
Trump: Putin and Zelenskyy 'have to get together' to end the war
President Trump was asked about his comments towards Ukrainian President Volodymyr Zelenskyy and Russian President Putin and called on the two leaders to meet in order to end the war between the ...NBC News - 26m -
Arizona advances bill to keep AI from rejected medical claims
Arizona state lawmakers advanced a bill Thursday that would ban the use of artificial intelligence (AI) to deny medical claims. The Arizona House of Representatives passed the legislation 58-0, ...The Hill - 43m