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Trump admin withholds $26M from blue states amid shutdown; Treasury now holds $1T in gold reserves
Straight Arrow News
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7 weeks ago
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00:00
In today's Media Miss Minute, the Trump administration is halting billions in funding
00:04
to Democratic-led states as the shutdown drags on. And the U.S. government now holds
00:09
$1 trillion in gold thanks to a historic price surge.
00:16
Hello, I'm Kayleigh Carey. This is Media Miss Minute, where we flag the stories lost in the
00:21
noise of partisan media. First, a story largely ignored by right-leaning outlets. As the shutdown
00:27
stretches into day three, the Trump administration has frozen $26 billion in federal funds. That
00:33
includes $18 billion for infrastructure projects in New York and $8 billion slated for climate and
00:39
clean energy programs in states like California and Illinois. Democratic lawmakers call it
00:44
politically motivated and warn it could hurt vulnerable communities. Now to a story mostly
00:50
overlooked by left-leaning outlets. The U.S. Treasury is now sitting on $1 trillion in gold reserves.
00:56
The price of gold shot past $3,800 an ounce on Monday, driven by record weakness in the U.S.
01:03
dollar, which has fallen 11 percent since January. That's pushed the value of America's gold bullion
01:09
to an all-time high. For more stories missed or minimized by partisan outlets,
01:14
download the Shader News app and click on the Media Miss tab.
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