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Home»Business»Trump’s picture set for brand new $1 gold coin celebrating America’s 250th anniversary
Business

Trump’s picture set for brand new $1 gold coin celebrating America’s 250th anniversary

EditorBy EditorJuly 15, 2026No Comments3 Mins Read
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Trump’s picture set for brand new  gold coin celebrating America’s 250th anniversary
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Take a look at what’s clicking on FoxBusiness.com.

Treasury Secretary Scott Bessent introduced Wednesday that the U.S. Mint will start hanging a brand new $1 gold coin that includes President Donald Trump to mark America’s 250th anniversary.

Bessent stated in an X submit that the coin will honor “the enduring legacy of liberty” and function a “lasting image of patriotism.”

“That includes President Trump, it celebrates the energy of American values, and the promise of a nation devoted to preserving freedom for all,” Bessent wrote.

Bessent additionally shared a picture of the coin, which reveals Trump’s portrait on one aspect. The phrase “LIBERTY” seems alongside the highest edge, with “1776 ~ 2026” alongside the underside and “IN GOD WE TRUST” on the suitable aspect.

The reverse aspect encompasses a presidential-style eagle defend design with “250” within the middle. The periphery reads “UNITED STATES OF AMERICA” and “ONE DOLLAR.”

US TREASURY PLANNING TO MINT $1 COINS WITH TRUMP’S IMAGE

President Donald Trump boards Air Power One at Morristown Municipal Airport in Morristown, New Jersey, on June 21, 2025.  (Mandel Ngan/AFP through Getty Photographs)

Federal regulation typically bars residing folks from showing on U.S. forex. The Trump administration has stated the coin is allowed below a 2020 regulation authorizing particular coin designs for America’s 250th anniversary, in accordance to Forbes.

The announcement rapidly drew response on social media, with some critics calling it a “vainness undertaking” and supporters praising it as a patriotic tribute.

“The irony is unimaginable – whereas Individuals are pinching pennies to afford the skyrocketing prices of groceries, housing, and healthcare, the Trump administration is producing cash that includes Trump’s face,” Rep. Jerry Nadler, D-N.Y., wrote on X. “Donald Trump and Republican lawmakers have plunged our nation right into a devastating affordability disaster, and now they’re indulging Trump in one other golden vainness undertaking.”

TRUMP CELEBRATES $250B MICRON INVESTMENT, SAYS AMERICA IS ‘GETTING SHOVELS IN THE GROUND’

Treasury Secretary Scott Bessent arrives for House committee hearing.

Treasury Secretary Scott Bessent is pictured on June 4, 2026, in Washington, D.C. (Chip Somodevilla/Getty Photographs)

Rep. Thomas Massie, R-Ky., additionally criticized the transfer.

“Congratulations, we’ve entered the top phases. Eradicate the penny, plug the nickel, and make some commemorative gold cash no one can afford,” Massie wrote. “I really feel sorry for the oldsters who can be bought nugatory knockoffs of this by the standard grifters.”

In the meantime, others praised the coin as a becoming tribute to the nation’s semiquincentennial.

“Whether or not you’re a numismatist, historical past buff, or simply love a robust image of American resilience, these cash are certain to be in excessive demand. They’re a becoming tribute to the nation’s enduring spirit of liberty and willpower on this milestone birthday,” one consumer wrote on X.

TRUMP SCRAPS PROPOSED STRAIT OF HORMUZ SHIPPING FEE FOR GULF STATES’ INVESTMENT DEALS

Treasury Department building

A February 6, 2025, picture reveals the US Treasury in Washington, DC. (Mandel Ngan/AFP through Getty Photographs / Getty Photographs)

FOX Enterprise first realized final yr that the Treasury Division was contemplating a plan to mint new $1 cash bearing Trump’s picture as a part of a push to commemorate the 250th anniversary of America’s founding.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“Regardless of the unconventional left’s pressured shutdown of our authorities, the information are clear: Underneath the historic management of President Donald J. Trump, our nation is getting into its 250th anniversary stronger, extra affluent, and higher than ever,” a Treasury spokesperson advised FOX Enterprise on the time.

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