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PoliticsUS Treasury unveils $1 gold coin featuring President Trump's face
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The U.S. Treasury Department, via Treasury Secretary Scott Bessent, announced a new $1 gold coin bearing President Trump's image to commemorate America's 250th independence anniversary. The coin, to be struck by the US Mint and released in fall 2026, is technically illegal under 31 U.S. Code § 5112, which prohibits depicting a living current or former president on coins until at least two years after death. The Trump administration argues the Circulating Collectible Coin Redesign Act of 2020 allows memorial coins for the 250th anniversary. The decision drew criticism, including from former GOP Representative Thomas Massie, who called it an example of narcissism and warned of potential scams involving worthless knockoffs.
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Treasury Unveils New $1 Gold Coin With Trump’s Face on It
Publication Date: 2026-07-15
The U.S. Treasury Department has unveiled a new $1 gold coin featuring President Trump’s likeness.
“As America commemorates 250 years of independence, the US Mint will begin striking this new $1 gold coin to honor the enduring legacy of liberty and a lasting symbol of patriotism,” Treasury Secretary Scott Bessent wrote Wednesday morning. “Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.”
Legal Concerns
This move is technically illegal. 31 U.S. Code § 5112 states that no coin shall “bear the image of a living former or current President” until at least two years after their death. The Circulating Collectible Coin Redesign Act of 2020 also prohibits living individuals from appearing on the back of a coin.
The Trump administration is attempting to circumvent these laws by arguing that the Circulating Collectible Coin Redesign Act allows the president to create memorial coins to celebrate America’s 250th anniversary.
Production and Release
A Treasury Department spokesperson told Axios that the coin is already being produced and will be released this fall.
Criticism
The decision was quickly criticized as another example of President Trump’s narcissism and desire for commemoration.
“Congratulations, we’ve entered the end stages. Eliminate the penny, plug the nickel, and make some commemorative gold coins nobody can afford,” former GOP Representative Thomas Massie wrote on X. “I feel sorry for the folks who will be sold worthless knockoffs of this by the usual grifters.”
This story has been updated.
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Trump Threatens Attacks on Iranian Civilian Infrastructure
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Donald Trump announced his intent to commit acts tantamount to war crimes in Iran during a Fox News interview that aired Tuesday evening.
Asked whether recent U.S. strikes against Iran will “expand,” Trump said, “Ultimately, we’ll hit energy targets.” He vowed to hit Iran “very hard” this week and warned that “next week comes the power plants. Next week comes the bridges. We’re going to knock out all their power plants. We’re going to knock out all their bridges, unless they get to the table and negotiate.”
International Law
International law prohibits such deliberate attacks on civilian infrastructure. The Geneva Conventions protect “objects indispensable to civilian survival” from attacks or reprisals and bar the sort of indiscriminate, blanket strikes the president described.
Previous Threats
This is far from the first time Trump and his military officials have made—or boasted about following through on—such threats.
- Trump has previously threatened to “take out … power plants that create the electricity, that create the water” and to “do things that would be so bad they could literally never rebuild as a nation again.”
- After bombing a highway bridge near Tehran in April, he said there was “much more to follow.”
- Defense Secretary Pete Hegseth had promised the previous month to give Iranian troops “no quarter.”
- In April, Trump infamously threatened a genocide of Iran’s more than 90 million people, posting, “A whole civilization will die tonight, never to be brought back again.”
Read more about the war: Trump Pulls Abrupt 180 on Strait of Hormuz After Iran Humiliates Him
Source
The New RepublicWestern
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U.S. Treasury Unveils $1 Gold Coin Featuring Trump’s Face Despite Legal Ban