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Does not federalism teach that the new covenant is the gospel?

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Does not federalism teach that the new covenant is the gospel?

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Yes, but they have two covenants of our salvation. Dr. Charles Hodge said, “There are in fact two covenants relating to the salvation of fallen man, the one between God and Christ, the other between God and his people. These covenants differ not only in their parties, but also in their promises and conditions. Both are so clearly presented in the Bible that they should not be confounded. The latter, the covenant of grace, is founded on the former, the covenant of redemption. Of the one Christ is the mediator and surety; of the other He is one of the contracting parties.”2 Dr. Hodge goes on to say, “This confusion is avoided by distinquishing between the covenant of redemption between the Father and the Son, and the covenant of grace between God and his people. The latter supposes the former, and is founded upon it. The two, however, ought not to be confounded, as both are clearly revealed in Scripture, and moreover they differ as to the parties, as to the promises, and as to the condit

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