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Former Special Counsel Jack Smith Testifies Before Congress

by Calista Hayashi
January 22, 2026
Promised Grounds

Jack Smith, the former special counsel who led federal probes into President Donald Trump, heads to Capitol Hill today for a public showdown with the House Judiciary Committee. Republicans, led by Chairman Jim Jordan, plan to press him on what they see as overreaches in his investigations, including attempts to influence the 2024 election through aggressive legal tactics.

The hearing, set for 10 a.m. ET, comes after Smith’s closed-door testimony last month and follows his decision to drop both cases against Trump once he secured victory over Kamala Harris in November 2024.

Smith’s office charged Trump with trying to subvert the 2020 election results and mishandling classified documents at Mar-a-Lago. Those efforts crumbled when Trump reclaimed the White House, winning 312 electoral votes to Harris’s 226 and edging out the popular vote at 49.8 percent.

Citing Justice Department policy against prosecuting a sitting president, Smith wrapped up the cases, but not before drawing fire for subpoenaing phone records from Trump allies, including several GOP lawmakers like Senators Marsha Blackburn, Josh Hawley, and Ron Johnson.

During his December deposition, Smith defended the subpoenas, saying, “If Donald Trump had chosen to call a number of Democratic senators, we would have gotten toll records for Democratic Senators. So responsibility for why these records, why we collected them, that’s — that lies with Donald Trump.”

Critics argue this ignores broader concerns about privacy violations and potential breaches of congressional immunity, with some records spanning over two years for figures like Jordan himself.

Republicans also aim to question $20,000 payments from Smith’s team to an FBI confidential source tied to Trump intelligence gathering. They contend these moves, along with gag order requests and rushed trial schedules during the campaign, point to a coordinated effort to hamstring Trump’s bid for office. Trump himself has labeled Smith a “thug” who “belongs in jail,” and expressed a preference for public testimony, noting, “I’d rather see him testify publicly because there’s no way he can answer the questions.”

In his planned opening statement, Smith intends to stand firm: “Our investigation developed proof beyond a reasonable doubt that President Trump engaged in criminal activity. If asked whether to prosecute a former President based on the same facts today, I would do so regardless of whether that President was a Republican or a Democrat.”

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Yet, with Trump now in office and Republicans controlling the committee, the session could expose what some view as weaponized justice from the prior administration.

Whispers in Washington suggest deeper motives behind Smith’s pursuits, perhaps rooted in entrenched bureaucratic resistance to Trump’s agenda. After all, the probes ramped up amid a landscape where federal agencies have faced accusations of bias against conservatives. If today’s questioning uncovers inconsistencies, it might fuel calls for reforms to prevent future special counsels from targeting political opponents.

For many Americans weary of endless investigations, this hearing represents a chance for accountability. Trump’s return to power has shifted the dynamics, allowing oversight that was stifled under previous leadership. As Proverbs reminds us, “When justice is done, it brings joy to the righteous but terror to evildoers” — a fitting lens for watching how Smith navigates the scrutiny.

The outcome could influence ongoing debates about DOJ independence and set precedents for handling high-profile cases. With live coverage expected across networks, viewers will judge for themselves whether Smith’s actions upheld the law or crossed into partisan territory. As the gavel falls, the real test will be whether truth emerges from the partisan fray.

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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA

Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.

Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.

Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.

Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.

For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.

Lower Costs and Better Liquidity for Home Storage

When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:

  • You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
  • Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
  • Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
  • Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
  • Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.

In times when quick access to value becomes important, bullion’s simplicity stands out.

Stronger Fit for Precious Metals IRAs

Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.

Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.

Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.

Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.

How to Get Started with Bullion

Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.

Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.

As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.

For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.

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