• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
TWO STRANGERS (CARRY A CAKE ACROSS NEW YORK) Cast Recording Available Now

TWO STRANGERS (CARRY A CAKE ACROSS NEW YORK) Cast Recording Available Now

March 20, 2026
Macron pushes tougher EU digital action ahead of key votes

Macron pushes tougher EU digital action ahead of key votes

March 20, 2026
Strikes at major Spanish airports set to disrupt Easter travel

Strikes at major Spanish airports set to disrupt Easter travel

March 20, 2026
Jennifer Lopez’s Pink Satin Dress Is the Romantic Spring Look We’re Recreating ASAP

Jennifer Lopez’s Pink Satin Dress Is the Romantic Spring Look We’re Recreating ASAP

March 20, 2026
Jimmy Gracey’s death deemed accidental after vanishing on spring break in Barcelona, police say

Jimmy Gracey’s death deemed accidental after vanishing on spring break in Barcelona, police say

March 20, 2026
Facebook X (Twitter) Instagram
Just In
  • TWO STRANGERS (CARRY A CAKE ACROSS NEW YORK) Cast Recording Available Now
  • Macron pushes tougher EU digital action ahead of key votes
  • Strikes at major Spanish airports set to disrupt Easter travel
  • Jennifer Lopez’s Pink Satin Dress Is the Romantic Spring Look We’re Recreating ASAP
  • Jimmy Gracey’s death deemed accidental after vanishing on spring break in Barcelona, police say
  • Top Dems brush off ties to Imam who held memorial for Iranian leader who vowed ‘Death to America’
  • Pat McAfee blasts potential ‘high school refs’ as NFL weighs replacement officials during labor talks
  • A witch’s guide to spring equinox cleaning and Aries season purging
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » Gold Trump coin moves forward after Treasury invokes rare authority
Business

Gold Trump coin moves forward after Treasury invokes rare authority

staffstaffMarch 20, 20260 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Gold Trump coin moves forward after Treasury invokes rare authority

The U.S. Mint is moving forward with a gold commemorative coin featuring President Donald Trump after a federal arts commission approved a design Thursday, with Treasury officials citing a legal authority that allows the inclusion of a sitting president despite longstanding restrictions.

FOX Business confirmed with a source familiar with the Commission of Fine Arts that the design shown is the mockup approved by the panel, clearing a key step toward production of the coin.

The move is notable because federal law traditionally bars living individuals from appearing on U.S. currency, but Treasury officials say a separate statutory authority allows the minting of gold coins that can feature the sitting president, setting up a potential break from long-standing precedent.

“As we approach our 250th birthday, we are thrilled to prepare coins that represent the enduring spirit of our country and democracy, and there is no profile more emblematic for the front of such coins than that of our serving President, Donald J. Trump,” U.S. Treasurer Brandon Beach said in a statement provided to FOX Business.

TRUMP WAIVES JONES ACT FOR 60 DAYS IN BID TO FREE UP THE FLOW OF OIL TO US PORTS

Beach added that the proposed commemorative gold coin would be separate from circulating currency and fall under the Treasury secretary’s discretion.

“The Secretary has sole discretion on final design selection,” the statement said, noting the process followed review opportunities presented to advisory bodies.

The move would mark a rare instance of a sitting U.S. president appearing on a government-issued coin.

Treasury officials pointed to a provision under federal law, 31 U.S.C. § 5112, that allows the secretary to authorize bullion and proof gold coins with specifications, designs and inscriptions determined at their discretion.

FED’S POWELL SAYS IT’S ‘TOO SOON TO KNOW’ IRAN WAR’S IMPACT ON ECONOMY

Trump's portrait in the Smithsonian National Portrait Gallery

The authority allows coins to be issued “in accordance with such designs… and inscriptions as the Secretary… may prescribe from time to time,” according to the statute cited by Treasury officials.

The Treasury statement also noted that the Citizens Coinage Advisory Committee (CCAC) declined to review the proposed designs, while the Commission of Fine Arts (CFA) “has taken every opportunity to review thus far.”

Officials said the Mint fulfilled its statutory obligation to seek CCAC input despite the panel opting not to weigh in on the designs.

The approved design features Trump in a suit and tie with a stern expression, leaning forward with his hands resting on a desk in a forceful pose, according to materials presented to the commission.

BESSENT RULES OUT GOVERNMENT INTERVENTION IN OIL FUTURES MARKET DURING IRAN WAR

President Donald Trump

The coin includes “LIBERTY” along the top and the dates “1776–2026,” marking the nation’s semiquincentennial.

The reverse side is expected to depict a bald eagle in flight alongside traditional inscriptions including “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM.”

The Associated Press first reported that the Commission of Fine Arts approved the design without objection during its March meeting on Thursday.

The effort represents a departure from traditional practice, as U.S. currency has historically avoided depicting living individuals, though commemorative and bullion coins operate under different rules.

Officials said the coin will be part of a limited production run, with final details on size and denomination still under consideration.

The coin is tied to the nation’s 250th anniversary celebrations in 2026, with Treasury officials framing the effort as part of a broader initiative to mark the milestone.

The White House did not immediately respond to FOX Business’ request for comment.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

World’s largest furniture maker cuts hundreds of jobs amid major restructuring

World’s largest furniture maker cuts hundreds of jobs amid major restructuring

Mortgage rates jump to highest level in over 3 months

Mortgage rates jump to highest level in over 3 months

Kohl’s CEO signals what’s next for stores after several closures

Kohl’s CEO signals what’s next for stores after several closures

4 flight attendants injured on Delta flight to Sydney after plane experiences ‘brief turbulence’

4 flight attendants injured on Delta flight to Sydney after plane experiences ‘brief turbulence’

Penn professor says Zillow ‘systematically deceives consumers’ about agent connections

Penn professor says Zillow ‘systematically deceives consumers’ about agent connections

90,000 bottles of children’s ibuprofen recalled nationwide, FDA says

90,000 bottles of children’s ibuprofen recalled nationwide, FDA says

Restaurant robot goes haywire, sends tableware flying before breaking out in dance moves

Restaurant robot goes haywire, sends tableware flying before breaking out in dance moves

Kevin O’Leary forecasts global power shift in Strait of Hormuz as Iran conflict rattles oil markets

Kevin O’Leary forecasts global power shift in Strait of Hormuz as Iran conflict rattles oil markets

Uber, Rivian ink .25B deal to put thousands of robotaxis on US streets

Uber, Rivian ink $1.25B deal to put thousands of robotaxis on US streets

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?