From the Sound Money Defense League
Charlotte, North Carolina
Tuesday, March 17, 2026
Kansas, Arizona, West Virginia, Indiana, and Kentucky are the latest states to reject elaborate government-run "transactional gold" schemes this legislative session.
These failed measures are increasingly being recognized as unwise policy that harms free-market competition, involves a large new government program, and serves only narrow vendor self-interests.
... Dispatch continues below ...
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-- A Kansas Senate Committee abandoned Senate Bill 115, which attempted to create a state-managed bullion depository and government-run transactional system, entangling the state in a public-private partnership that would pit the state government against hundreds of businesses in the private sector.
-- Lawmakers in Kentucky recognized the harmful effects Kentucky Senate Bill 32 would have inflicted on in-state businesses, investors, and potentially the state itself, and they too abandoned the bill. ...
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