Germany Demands Repatriation of Gold Reserves from U.S. Amid Political Uncertainty

German lawmakers and economic watchdogs are escalating calls for the repatriation of the country’s Gold reserves held in the U.S. The Federal Reserve Bank of New York currently safeguards 1,120 tonnes of Germany’s 3,352-tonne national reserve—a Cold War-era arrangement now under scrutiny due to geopolitical shifts.

Concerns over the Fed’s independence under the TRUMP administration have galvanized demands for relocation. "Trump wants to control the Fed, which would mean controlling German gold," said Michael Jaeger of the German Taxpayers Federation. The Bund der Steuerzahler has formally urged the Bundesbank and Finance Ministry to secure the assets.

While the far-right AfD party has long championed this cause, mainstream institutions now echo the sentiment. The move reflects broader anxieties about dollar dominance and institutional stability—themes increasingly relevant to cryptocurrency advocates favoring decentralized alternatives.