Fearless Tory without gold going after money (7)
I believe the answer is:
doughty
'fearless' is the definition.
('doughty' can be a synonym of 'fearless')
'tory without gold going after money' is the wordplay.
'without' indicates named letters should be taken away.
'gold' becomes 'or' ('or' is the heraldic name for gold).
'going after' is a charade indicator (letters next to each other).
'money' becomes 'dough' (dough is a kind of money**).
'tory' with 'or' removed is 'ty'.
'ty' after 'dough' is 'DOUGHTY'.
(Other definitions for doughty that I've seen before include "Brave, resolute (arch.)" , "Stout-hearted, valiant" , "Fearless" .)