There's No Way Trump's Approval Ratings Are Dropping This Fast
I Was Not Expecting an Ex-WSJ Columnist to Say This About Libs and...
Team USA Lost the 4 Nations Face-Off Championship, But They Got a Cool...
The List of Libs Writers Quitting Has Become a Butcher's Bill
Tom Hanks, Margaret Brennan, and the European Ministers -- Reveal It All
Netanyahu Vows Revenge Against Hamas After Wrong Body Returned
Duffy Announces Review of California's High-Speed Rail Boondoggle
Did You Catch How Singer Changed 'O Canada' Ahead of 4 Nations Face-Off...
Senate Adopts GOP Budget Resolution After All-Night Vote-a-Rama
NPR Is National Public Relations for the War on Trump
The Policies of European Elites End in Tears
This Official at the FDA Resigned This Week
Trump’s Foreign Policy and What He Stands for Are Emerging After Only a...
Sorry, Democrats, Federal Government Layoffs Are Necessary to Defeat the National Debt ‘Vi...
Dumm
Tipsheet
Premium

There Are Good Reasons for DOGE to Audit Gold Reserves at Fort Knox. Just Ask These Senators.

Greg Nash/Pool via AP

The Department of Government Efficiency has saved taxpayers an estimated $55 billion through their work so far, and they have asked for the public’s help in identifying where more waste, fraud, and abuse can be identified. This has triggered a number of suggestions, including one supported by Sen. Rand Paul (R-KY). 

The Republican senator said he has been trying to see the gold reserves at Fort Knox for a decade to no avail, and supported the idea of DOGE taking a look.

According to a fact sheet from the U.S. Mint, there are 147.3 million ounces of gold at Fort Knox, which is about half of the Treasury's stored gold. The only gold removed has been to test its purity "during regularly scheduled audits" but no gold has been transferred to or from Fort Knox "for many years," the Mint claims. 

"The actual structure and content of the facility is known by only a few, and no one person knows all the procedures to open the vault," the U.S. Mint says. 

During an interview on Fox News, Paul argued the more transparency, the better. 

"And also, it brings attention to the fact that gold still has value and implicitly, not explicitly, but implicitly, gold still gives value to the dollar," he added. 

Paul's frustration was shared by his colleague, Sen. Mike Lee (R-UT), who has been denied access to Fort Knox. 

Paul's father, former Rep. Ron Paul, called for an audit years ago. 

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement