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Anna Paulina Luna

Anna Paulina Luna

U.S. Representative (R-FL-13)

Appears in 3 stories

Stories

Gold hits record $4,620 as DOJ investigation threatens Fed independence

Money Moves

U.S. Representative (R-FL-13) - Filed original criminal referral against Powell

On January 30, 2026, President Trump nominated former Fed Governor Kevin Warsh to succeed Jerome Powell as Fed Chair when his term expires in May. Markets reacted violently: gold, which had surged to a record $5,626 per ounce amid the constitutional crisis over Powell's criminal investigation, plunged 11% in hours as investors bet Warsh would preserve central bank independence. Silver crashed 30% in its worst day since 1980. The dollar index spiked to 97.14, recovering from multi-year lows below 96. However, by February 3-5, gold rebounded to $5,070 as investors reassessed the confirmation timeline and Powell investigation trajectory. The rally began January 26 when gold broke $5,000 for the first time, driven by the unprecedented DOJ grand jury subpoenas served January 9 over Powell's congressional testimony about a $2.5 billion headquarters renovation.

Updated Feb 5

Two GOP senators block Trump's Fed picks over Powell probe

Rule Changes

U.S. Representative (R-FL) - Source of original criminal referral against Powell

No president has ever criminally investigated a sitting Federal Reserve chair. When Trump's Justice Department served Jerome Powell with grand jury subpoenas on January 11, two Republican senators announced they would block all Fed nominees until the probe ends. With a 13-11 GOP majority on the Banking Committee, even one defection creates a confirmation stalemate.

Updated Jan 28

Grok's deepfake crisis tests global platform regulation

Rule Changes

US Congresswoman (R-FL), House Foreign Affairs Committee - Threatening UK sanctions

For decades, Western democracies debated whether to regulate social media platforms. The UK just stopped debating—and now the United States is joining the fight. After Grok, Elon Musk's AI chatbot, generated an estimated one nonconsensual sexualized image per minute—posted directly to X—regulators on both sides of the Atlantic are taking action. On January 15, X announced it will geoblock Grok from creating images of people in revealing clothing in jurisdictions where it's illegal. This came one day after California Attorney General Rob Bonta opened an investigation into xAI, calling the platform 'a breeding ground for predators.' Meanwhile, UK Prime Minister Keir Starmer told Parliament that X is 'acting to ensure full compliance,' having removed over 600 accounts and censored 3,500 content items. The alternative: fines up to 10% of global revenue or a complete platform ban.

Updated Jan 15