The U.S. Treasury Department's plan to issue a $1 coin featuring President Trump has sparked criticism from lawmakers due to its alleged connection to the Meme cryptocurrency Trump. The coin's reverse design, which includes Trump standing before the American flag with the slogan "Fight, Fight, Fight," has been linked to the cryptocurrency, raising concerns about legality and propriety.
During a Senate Banking Committee hearing, Democratic Senator Chris Van Hollen questioned Paul Hollis, the nominee for the head of the Treasury's Mint, about the coin's design. Van Hollen highlighted the illegality of featuring a president's portrait on official coins and expressed concern over the design's resemblance to Meme coins associated with Trump. Hollis assured the committee of his commitment to legal compliance.
Lawmakers Criticize U.S. Treasury's $1 Trump Coin Design
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