The argument over what that decision ultimately cost has never really ended. Domestic inflation, already rising from the mid-1960s, was being exported through the fixed-rate system and intensifying pressure on the dollar. The final trigger came in early August when Britain requested roughly $3 billion in gold “cover” for its dollar holdings, following earlier French […] The post Nixon Abandoned the Gold Standard: Both Sides of the Coin appeared first on StoneZone .
The argument over what that decision ultimately cost has never really ended. Domestic inflation, already rising from the mid-1960s, was being exported through the fixed-rate system and intensifying pressure on the dollar. The final trigger came in early August when Britain requested roughly $3 billion in gold “cover” for its dollar holdings, following earlier French conversions. On the weekend of August 13–15, Nixon and a small group of advisers met in secret at Camp David and chose to act. Closing the gold window was necessary. It ended the Bretton Woods system that had governed international money since the end of World War II and launched the modern era of pure fiat currency. A brief attempt to restore modified fixed rates…Open
During the meeting at Camp David this week, Trump reportedly demanded to know why he'd been misled on a munitions problem that he was told had been addressed. Trump denied the report and said the U.S. has "massive amounts" of munitions.
On "Katie Pavlich Tonight," Jason Rantz fills in for Katie to examine the political battles shaping America's future under President Donald Trump. As Spain faces an influx of migrants and maintains its open-border policies, questions are being raised about whether similar policies could gain traction in the United States. The panel, featuring Steve Cortez, Richard Goodstein and Dan Turrentine, also breaks down the high-stakes Michigan Senate primary, where Abdul El-Sayed holds a commanding lead over Haley Stevens. President Trump holds a televised Cabinet meeting from Camp David following the announcement of a Hamas disarmament agreement. Ben Cohen and retired Maj. Gen. John King discuss whether the deal represents a genuine step toward…
President Donald Trump touted what he called a breakthrough agreement to disarm Hamas during a rare Cabinet meeting at Camp David. But major challenges remain, as Hamas continues to demand an Israeli withdrawal from Gaza and supports the creation of a Palestinian state, a proposal Israel has long viewed as an existential threat. This episode originally aired on July 31, 2026. Anchor Elizabeth Vargas delivers the biggest stories, without bias or opinion. Watch "Elizabeth Vargas Reports" every weeknight at 7p/6C on NewsNation. #VargasReports NewsNation is your source for fact-based, unbiased news for all Americans.
President Trump made a public appearance Monday at the General Motors proving ground in suburban Detroit, Michigan, where he made the case that his trade policies have revitalized American industry. On Tuesday, Trump delivered a eulogy for the late Sen. Lindsey Graham (R-SC) at the National Cathedral. Trump's Cabinet convened a meeting at Camp David on Friday, where the president maintained his support for his nominee for attorney general, Todd Blanche, who is currently serving in the position in an acting capacity. #Trump #WhiteHouse #ToddBlanche #Iran #Michigan #GeneralMotors
President Trump has directed the military to prepare a fresh wave of strikes against Iran that could begin within days, a sharp escalation after an Iranian missile attack on American forces in Jordan during active negotiations. Trump previewed the coming offensive at a Friday cabinet meeting at Camp David, telling his war cabinet the United […] The post Trump orders expanded strikes on Iran after missile attack shattered trust in peace talks appeared first on American Almanac .
President Trump has directed the military to prepare a fresh wave of strikes against Iran that could begin within days, a sharp escalation after an Iranian missile attack on American forces in Jordan during active negotiations. Trump previewed the coming offensive at a Friday cabinet meeting at Camp David, telling his war cabinet the United States is "going big" and accusing Tehran of negotiating in bad faith while simultaneously targeting American troops. The New York Post reported that the military has drafted multiple options for fresh attacks, including a sustained bombing campaign lasting ten to fourteen days and potential strikes on Iran's energy infrastructure, including electricity serving Tehran. The order follows a sequence…Open
The War Department has had a lot of success in the past 19 months, in no small part due to the men and women of the U.S. military, but also because of presidential leadership, Secretary of War Pete Hegseth said during a cabinet meeting at Camp David, Md.
President Trump and his Cabinet are gathered at Camp David for their 13th Cabinet meeting of his second term. Among the new faces at the table are Jay Clayton, incoming director of national intelligence, and Keith Sonderling, secretary of Labor. In questions with reporters, Trump lambasted the Senate, specifically Sen. John Cornyn (R-Texas), for not advancing the nomination of acting Attorney General Todd Blanche. Trump said he is a “pawn” in Cornyn’s fight to end the Justice Department’s anti-weaponization fund. #trump #campdavid #cabinet
On the July 31, 2026 episode of The NEWSMAX Daily, host Tony Marino breaks down President Trump’s announcement of a proposed Gaza agreement that he says would require Hamas to disarm and relinquish control of the territory, with Israel eventually withdrawing from Gaza. The announcement comes amid continued Iranian attacks aimed at U.S. assets in Kuwait and Bahrain and a Trump cabinet meeting at Camp David. The episode also highlights the administration’s Freedom Haulers Initiative, which seeks to connect American veterans with commercial trucking careers while enforcing licensing and English-language standards on the nation’s highways. Plus, legal experts examine Anthony Fauci’s decision to invoke the Fifth Amendment, Rob Finnerty…