- The U.S. Mint plans to issue $1 coins featuring President Donald Trump's portrait and paper money with his signature, raising questions about federal laws against depicting living individuals on currency.
- Treasury Secretary Scott Bessent stated that the $1 coins are permissible under a 2020 law authorizing designs commemorating America's 250th anniversary.
- Bessent, whose signature will also appear on money, cited a 1926 Calvin Coolidge coin issued during his presidency as a precedent for featuring living persons on commemorative coins.
- The administration is utilizing the Circulating Collectible Coin Redesign Act of 2020 to authorize the $1 coins, which the Treasury secretary can issue for one year starting in January 2026.
- The Commission of Fine Arts reviewed designs, and the U.S. Mint confirmed that legal research determined the proposed coin would not violate any existing laws.
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