0 Trump Fed pick wants to revive the gold standard. Here’s what that means BY AIMEE PICCHI UPDATED ON: JULY 10, 2019 / 3:01 PM / MONEYWATCH As President Donald Trump named his picks to fill two influential seats on the Federal Reserve’s Board of Governors, the price of gold surged. That may be because one … Läs mer CBS NEWS: Trump Fed pick wants to revive the gold standard. Here’s what that means