Recent correspondence between U.S. Rep. Alex X. Mooney, R-West Virginia, and the U.S. Treasury Department suggests that the department has given the Federal Reserve and International Monetary Fund unfettered control of a portion of U.S. gold reserves.
In a letter to Treasury Secretary Janet Yellen on June 9 this year, Mooney posed many questions about the U.S. gold reserves, which are owned by the Treasury.
A reply from the Treasury Department’s deputy assistant secretary for appropriations in the department’s Office of Legislative Affairs, Angel Nigaglioni, was released this week.
The U.S. Treasury declined to answer most of Mooney’s questions, suggesting that the congressman instead pose them to the Fed and the IMF, though the gold belongs to the Treasury