Rep. Kevin McCarthy, R-Calif., became the U.S. House Speaker when the GOP took the majority in the last election. But choosing him was not the first option for a number of stalwart conservatives who wanted Congress to fly closer to the Constitution.
So he cut a number of behind-the-scenes deals in order to gain their support.
But now the promises he made are being called out.
In fact, Rep. Matt Gaetz, R-Fla., has blasted McCarthy for not living up to his promises.
On this very floor in January, the whole world witnessed a historic contest for House Speaker.
I rise today to serve notice. Mr. Speaker, you are out of compliance with the agreement that allowed you to assume this role. The path forward for the House of Representatives is to… pic.twitter.com/1IFsrmT8KK
— Rep. Matt Gaetz (@RepMattGaetz) September 12, 2023
According to a report from Real Clear Politics, Gaetz put McCarthy “on notice that he is ‘out of compliance’” with the January deal that put McCarthy in the speaker’s office.
Gaetz said, “On this very floor in January, the whole world witnessed a historic contest for House Speaker. I rise today to serve notice. Mr. Speaker, you are out of compliance with the agreement that allowed you to assume this role.”
He insisted the House deserves a vote on a balanced budget, there should be full release of the January 6 tapes, there’s been insufficient accountability for the “Biden crime family” and he gave Biden too much in the budgetary process.
Gaetz said the alternative is a motion to vacate the chair – a direct challenge to McCarthy.
“Mr. Speaker, you boasted in January that we would use the power of the subpoena and the power of the purse. But here we are eight months later and we haven’t even sent the first subpoena to Hunter Biden.”
Gaetz then addressed the “power of the purse.”
“The only thing the 118th Congress is known for at this point is electing Kevin McCarthy speaker and underwriting Biden’s debt and unfortunately, there’s only one of those things we can remediate at this time.”
He said a looming vote for a budgetary continuing resolution would just keep giving Biden Green New Deal money.
“Mr. Speaker, we told you how to use the power of the purse. Individual, single-subject spending bills that would allow us to have specific review, programmatic analysis, and would allow us to zero out the salaries of the bureaucrats who have broken bad, targeted President Trump, or cut sweetheart deals for Hunter Biden,” he charged.
He added that Congress is facing a Sept. 30 deadline for the budget.
“I must be better. You must be better. And this House must be better, for it is the last best hope for tens of millions of Republicans. We demand real oversight against this weaponized government. Just look at the bribery. If tens of millions of dollars flowing from foreign corrupt people into the bank accounts of the Biden family wasn’t enough for actual impeachment, why were we even looking? Joe Biden deserves impeachment for converting the vice presidency into an ATM machine for virtually his entire family. We all see it, we all know it. ”
McCarthy did call on Tuesday for an impeachment inquiry, but Gaetz said that was jut a “baby step.”
He said he doesn’t know if votes would succeed. But he said “at least if we take votes, the American people get to see who is fighting for them and who is willing to tolerate more corruption and business as usual.”
He said, “I know that Washington isn’t a town where people are known for keeping their word. Well, Speaker McCarthy, I’m here to hold you to yours.”
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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.