Share
Daily SumUp
Trump and Musk question Fort Knox gold reserves and demand transparency
The US president, Donald Trump, is set to introduce a “gold card” visa that would allow wealthy foreigners to buy permanent US residency – and a path to citizenship – for US$5 million (£3.9 million).
Speaking at the Oval Office on February 25, Trump said: “I think it’s going to be very treasured. I think it’s going to do very well. And we’re going to start selling, hopefully, in about two weeks.”
US commerce secretary Howard Lutnick has touted the plan as a way to raise revenue to bring down US national debt, which currently stands at over US$36 trillion. As Trump put it when answering questions from reporters at the White House: “We’ll be able to sell maybe a million of these cards, maybe more than that. And if you add up the numbers, they’re pretty good. As an example, a million cards would be worth US$5 trillion.”
More episodes
View all episodes
More than 100 houses collapse in China after dike breach
01:52|More than 100 houses collapse in China after dike breach...Two men pulled alive from Nepal hydropower plant tunnel nine days after floods
02:35|Two men pulled alive from Nepal hydropower plant tunnel nine days after floods...Antalya to host COP31, extending Türkiye tourism season
02:36|Antalya to host COP31, extending Türkiye tourism season....Trump says US may hit Iran's Pickaxe Mountain soon
02:09|Trump says US may hit Iran's Pickaxe Mountain soon....The social media influencer, also indicted for money laundering, sex with a minor and witness tampering, denies the allegations
04:00|The social media influencer, also indicted for money laundering, sex with a minor and witness tampering, denies the allegations....UN votes to adopt new world map to reflect Africa's true size
01:39|UN votes to adopt new world map to reflect Africa's true size....The UN General Assembly on Friday voted to shift away from the 16th-century Mercator map
01:00|The UN General Assembly on Friday voted to shift away from the 16th-century Mercator map...OpenAI agents hijacked German website in previously undisclosed AI breakout this spring
02:29|OpenAI agents hijacked German website in previously undisclosed AI breakout this spring....Investigation into Air India flight plunge flags hydraulic failure
02:43|Investigation into Air India flight plunge flags hydraulic failure...