Background on the Treasury’s Considerations
The United States Department of the Treasury is contemplating minting a one-dollar coin featuring former President Donald Trump’s likeness to commemorate the 250th anniversary of the nation’s independence, as reported by AFP on Friday.
Social Media Post and Initial Designs
Brandon Beach, the head of the United States Mint, shared initial drafts on social media. The post was retweeted by Treasury Secretary Steven Mnuchin, indicating the department’s interest in this idea.
Beach mentioned that he “hoped to share more” once the ongoing partial government shutdown concludes.
Legislative Background and Authority
In 2020, Congress passed legislation, signed by Trump during his first term, allowing the Treasury to issue commemorative one-dollar coins featuring iconic designs for the semi-quincentennial anniversary of the United States.
- The Treasury can mint these coins for a one-year period starting January 2026.
- This legislative authority paves the way for the potential Trump coin.
Proposed Coin Designs
The preliminary design features Trump’s portrait on one side and another image of him with a clenched fist behind the American flag. The phrase “Fight, Fight, Fight” appears above Trump’s image with his fist raised.
These design elements stem from Trump’s rallying cry following an assault attempt in July of the previous year. The imagery of Trump, with a bloody face, raising his fist and shouting “Fight, Fight, Fight” became a prominent feature of his re-election campaign.
Treasury’s Official Stance
A Treasury spokesperson informed AFP that the final design has yet to be selected. The department reiterated its commitment to celebrating the 250th anniversary of the United States’ independence, stating that the nation will be “stronger, more prosperous, and better than ever” in the coming year.
Key Questions and Answers
- What is the purpose of the proposed coin? The one-dollar coin would commemorate the 250th anniversary of the United States’ independence.
- Who suggested this idea? The proposal originated from Brandon Beach, the head of the United States Mint.
- What legislative authority allows for this coin? Congress passed a law in 2020, signed by Trump, enabling the Treasury to issue commemorative coins for significant national anniversaries.
- What are the proposed coin designs? Initial drafts feature Trump’s portrait on one side and another image of him with a clenched fist behind the American flag, accompanied by the phrase “Fight, Fight, Fight.”
- Has the final design been chosen? No, a Treasury spokesperson confirmed that the final design has not been selected.
