According to @ CCTV Finance, on the 3rd local time, U.S. Treasury officials publicly confirmed that in order to celebrate the 250th anniversary of U.S. independence in 2026, the Treasury Department is considering minting a $1 commemorative coin with the portrait of President Trump.
According to design sketches exposed on social media, the obverse of the $1 commemorative coin is engraved with Trump's profile and the words from 1776 to 2026, and the back is engraved with Trump's actions when he was tried to assassinate at a campaign rally in Pennsylvania in 2024-clench his fists, look into the distance, and the slogan he shouted to supporters after the attack-"Fight, fight, fight."
U.S. Treasury official Brandon Beach posted the draft on social media, saying that "this is not a fake news" and he is looking forward to sharing more information after the federal government's "stop".This news was also transmitted by U.S. Treasury Secretary Bessent. But under current U.S. laws, circulating currencies generally prohibit the use of presidential portraits of less than two years of life or death.
In the United States, coins are not directly issued by the Federal Reserve, but are minted and produced by the United States Mint under the U.S. Treasury Department. The Federal Reserve directly issues paper money, while the right to issue coins always belongs to the Treasury Department and its Mint. The two are completely independent in the distribution system. It should be noted that the ability to mint coins does not mean that the U.S. Treasury Department has the right to issue currency, because coins need to be purchased by the Federal Reserve according to their denominations, then put into commercial banks through the Federal Reserve and finally flow to the market.