Treasury Defends Trump Coin Despite Legal Restrictions
Treasury Defends Minting a $1 Trump Coin Despite 1866 Law, a situation that’s certainly stirring up a lot of discussion, and for good reason. It’s a tangled web of legal arguments, political maneuvers, and, let’s be honest, a whole lot of public opinion. The core issue? There’s a long-standing federal law, specifically 31 U.S. Code 5112, that seems pretty clear: no coin can bear the image of a living former or current President. Yet, here we are, seemingly staring down the barrel of a potential Trump dollar coin.
The Treasury’s defense, as I understand it, hinges on the circulating collectible coin redesign act.… Continue reading
Matt Underwood