Treasury Secretary Scott Bessent has unveiled a proposed $1 gold coin featuring President Donald Trump, sparking legal and political controversy. Shared on X, the design shows Trump’s profile with the inscriptions “In God We Trust” and “Liberty 1776–2026.” The coin is part of America’s year‑long Semiquincentennial commemorations, though federal law dating back to the 1860s generally bans living figures on U.S. currency. The administration argues a 2020 law authorizing special anniversary coins provides legal grounds, while critics say it stretches precedent. Supporters hail it as patriotic, but opponents warn it politicizes national money.
by rrollins
Recent Comments