No, President Trump cannot unilaterally revalue gold; any revaluation of the U.S. gold price is a legal function of Congress, not the President. While some commentators have suggested revaluing U.S. gold reserves to address national debt, official actions to revalue gold would require congressional approval.
No, President Trump cannot unilaterally revalue gold; any revaluation of the U.S. gold price is a legal function of Congress, not the President. While some commentators have suggested revaluing U.S. gold reserves to address national debt, official actions to revalue gold would require congressional approval.
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