Trump Advisor Defends Legally Vague Commemorative Coin Featuring President Trump
Forbes Breaking NewsOctober 7, 20251 min27,520 views
3 connections·6 entities in this video→Commemorative Coin Controversy
- 🎯 A $1 commemorative coin for the US's 250th birthday, featuring President Trump, has drawn attention due to a potential conflict with an 1866 law.
- 🏛️ The law, enshrined in US code, states that a living person cannot be featured on US currency to avoid the appearance of a monarchy.
Defense of the Coin
- 💡 Kevin Hassett, Director of the National Economic Council, defended the Treasury Department's development of the coin.
- 📜 Hassett stated that there have been past instances of commemorative coins being printed with the faces of living people.
- ✅ He believes the Treasury Department is "on solid ground" if they decide to proceed with featuring President Trump on the coin.
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Commemorative CoinDonald TrumpUS Currency LawLiving Person on CurrencyTreasury DepartmentKevin HassettUS 250th BirthdayMonarchy Concerns
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