It is extremely rare for representatives of the United States who are still alive to appear on the currency.

Wen | The forest

According to Xinhua news agency, the U.S. federal government "stop" has entered its fifth day.

The U.S. Senate failed to pass a new temporary appropriation bill on the 3rd. Both the proposals of the Democratic Party and the Republican Party were rejected again, and the federal government's "shutdown" continued.

It is reported that since the "shutdown" on the 1st, a large number of federal employees have been forced to take unpaid vacation, the release of economic data has been suspended, many public services have come to a standstill, and the US economy will suffer direct losses. The negative impact of this government "shutdown" on the United States is gradually emerging.

This is the second "shutdown" of the U.S. federal government after nearly seven years. The Trump administration used the "shutdown" to launch an onslaught on the Democratic Party, cutting projects supported by the Democratic Party and dissolving federal agencies led by the Democratic Party.

U.S. Federal Government "Stop" Map: Xinhua News Agency

The Democrats, on the other hand, showed ¡°rare solidarity¡± and hoped to recover support in the struggle.

Just as the federal government "shut down", a rare piece of news was confirmed by the US Treasury Department.

The Treasury Department is considering issuing a two-sided portrait of US President Trump 1 Dollar commemorative coin to "recognize Trump and commemorate the founding of the United States 250 The anniversary.¡±

According to reports, a design sketch of the coin has been released. The front of the coin is a side portrait of Trump, with the time "1776-2026"(the 250th anniversary of the founding of the United States) printed below; the back is engraved with Trump's movements in 2024 when he was assassinated at the Pennsylvania presidential campaign rally, and the slogan "Fight, fight, fight" he shouted to supporters after the attack.

The draft of the "Trump $1 commemorative coin" confirmed by the US Treasury Department

It is noteworthy that surviving representative figures of the United States appear on the currency extremely rarely.

U.S. Treasury officials forwarded the sketch on social media, saying that "this is not false news", but did not comment on the legality of the draft coin. He looks forward to serving in the federal government ¡° Stopped ¡± More information will be shared after the end.

U.S. Treasury officials forwarded the sketch on social media

According to CNBC, a federal law signed by Trump in January 2021 (a week before the end of his first term) allowed the Treasury Secretary to order the casting of a $1 coin ¡°with the mark of the 250th anniversary of the United States.¡±

However, according to the U.S. currency design norms, "the coin issued under this paragraph must not be printed with the image of a living predecessor or current president, nor must it be printed with the image within two years of the president's death."

While a Treasury spokesman stressed that the final design has not yet been defined and that it is uncertain whether the commemorative coin will actually be cast and issued, this initial idea has sparked widespread controversy.Because "in order to avoid the image of monarchy, the United States has a long tradition of printing portraits of deceased figures only on currencies and coins. This tradition was formally enforced in the Congress Act of 1866," the Federal Reserve Bank of San Francisco said.

Furthermore, a law professor said: "No matter what excuses they use, they are either blatantly breaking the law or distorting the original meaning of the law... The very idea of living people appearing on currency is contrary to American ideals."

Of course, it is not without exceptions. In 1926, to commemorate the 150th anniversary of American independence, a 50-cent commemorative coin with the portrait of then President calvin coolidge was issued in limited quantities, but it did not enter daily circulation.

In 1926, to commemorate the 150th anniversary of U.S. independence, a 50-cent commemorative coin printed with the portrait of former President Calvin Coolidge was limited.

Public information shows that the issuance of U.S. coins is made and produced by the U.S. Treasury Department, which is responsible for casting and production. The U.S. Federal Reserve is directly issued by banknotes, both completely independent in the issuance system. However, it is possible to cast coins does not mean that the U.S. Treasury has the power to issue money, because the coins need to be purchased by the Federal Reserve according to the amount, then put into commercial banks by the Federal Reserve and eventually flow to the market.

Returning to the current situation of the federal government's "shutdown", American public opinion believes that the new round of struggle between the two parties over the government's "shutdown" is very different from the past, pushing "the party struggle to a new height" with "greater hostility and malice."

The Trump administration claims that ¡°stop-up¡± can bring many benefits. "We can get rid of a lot of things we don't want-Democratic stuff".Immediately, the U.S. Department of Energy announced on the 2nd that it would terminate 223 energy projects involving 16 states, with a total of approximately US$7.56 billion in related funds. In last year's presidential election, all 16 states voted for Democratic candidates.

In addition to, The Trump administration also borrowed The "shutdown" promotes the federal government's layoff plan and fires federal employees on a large scale."A lot of people will be fired, they will be Democratic people." Trump said.

The Democratic Party has also changed the situation after the election defeat, insisting on fighting to reduce health insurance costs, described by the Associated Press as "a rare moment of Democrats' unity."

Some analysts believe that with the White House, Congress, and the Supreme Court all controlled by the Republican Party, the Democratic Party regards this "shutdown" battle as a stress test to strengthen the "cohesion" within the party. If it fails to achieve the expected results, the Democratic Party will surely suffer more serious political trauma.

Xinhua News Agency quoted American media comments as saying, this time ¡° Stopped ¡± It will become a protracted, life-and-death bipartisan battle that will have greater economic and political impact than before.There is a market platform forecast that the probability of this "stop" lasting more than 10 days at the moment is 69%. any event can be politized, the main goal of both parties is to defeat each other, not solve the problem, and the ultimate victims are the American people.

Comprehensively compiled from Xinhua Agency, Global Times, CCTV News, Tianxia Finance, etc.

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