Last week, reports revealed the U.S. government has redesigned the Great Seal of the United States to use on the dime for the country's 250th birthday. And on ThursdayLast week, reports revealed the U.S. government has redesigned the Great Seal of the United States to use on the dime for the country's 250th birthday. And on Thursday

Committee recoils as Trump’s co-panel decides if his face goes on 'illegal' coin

2026/03/19 22:53
Okuma süresi: 4 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen [email protected] üzerinden bizimle iletişime geçin.

Last week, reports revealed the U.S. government has redesigned the Great Seal of the United States to use on the dime for the country's 250th birthday. And on Thursday, coin aficionados are set to commence the next great coin debate: whether President Donald Trump will get his own official U.S. government gold coin.

The Washington Post reported that the Commission of Fine Arts will meet Thursday and decide whether to approve a 24-carat gold coin showing the president leaning on a desk. As the report notes, every member of the committee was nominated by Trump.

In the past year, Trump has made vast strides to leave his mark on Washington D.C., including tearing down the East Wing of the White House to build a monstrous ballroom and planning to build the Arch de Trump — a large arch resembling the Arc de Triomphe in Paris. More recently, Trump appointed his own board to the Kennedy Center for the Performing Arts and had them vote to add his name to the building.
The coins, typically sold for several thousand dollars, would be made available at a time when the economy is taking a serious hit, and families are struggling to afford housing, fuel and groceries.

The barrier might come when the coin has to go before the second panel of deciders, a bipartisan Citizens Coinage Advisory Committee, which last month refused to consider Trump's gold coin

"In interviews, members opposed putting a sitting president on currency, saying it would break with democratic norms and reek of subservience to royalty," the report said.

It would also break with the laws that mandate someone be dead before they go on currency.

Republican coin collector Michael Moran, who was appointed to the panel by by former Senate Majority Leader Mitch McConnell (R-Ky.), said, “It’s wrong. It goes against American culture and the traditions that drive what we put on our coinage. I didn’t sign up for this."

The Citizens Coinage Advisory Committee includes people who regularly collect coins, along with a historian and an artist specializing in medallic arts.

Retired basketball star Kareem Abdul-Jabbar was once on the committee; he's an avid coin collector. He said he was disheartened by the Trump coin, the Post reported. "He believed well-designed coins could inform and inspire. He cited as examples a 1998 silver dollar that honored Crispus Attucks, who was enslaved, escaped and was killed in the Boston Massacre in 1770, and a 2017 gold coin that depicted Lady Liberty as an African American woman."

“I’m not enthusiastic about memorializing Mr. Trump on a coin because he has done so much damage to our country,” said Abdul-Jabbar. “It takes a huge consensus to get agreement on something like this, and I’m not inclined to be supportive of the president’s request.”

Last year, the commission approved a $1 Trump coin, which Democrats tried to stop.

Sen. Catherine Cortez Masto (D-Navada) called it "embarrassing."

Sen. Jeff Merkley (D-Or.) added, “Monarchs and dictators put their faces on coins, not leaders of a democracy."

A 2005 law restricts presidents from appearing on a $1 coin unless they are dead. Trump is getting around the law by making it a "gold coin."

“They can definitely make the coin without our review. But it would be an illegal coin,” said Donald Scarinci, a Democratic appointee on the committee. “It’s not about Donald Trump. It’s about whoever the president is. It’s not something done in a democracy.”

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Piyasa Fırsatı
OFFICIAL TRUMP Logosu
OFFICIAL TRUMP Fiyatı(TRUMP)
$3.346
$3.346$3.346
+0.39%
USD
OFFICIAL TRUMP (TRUMP) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Paylaş
BitcoinEthereumNews2025/09/18 00:09
Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Paylaş
PANews2025/04/14 17:12
XRP Multi-Year Accumulation Signals Potential 1000% Breakout

XRP Multi-Year Accumulation Signals Potential 1000% Breakout

The post XRP Multi-Year Accumulation Signals Potential 1000% Breakout appeared on BitcoinEthereumNews.com. XRP Builds Multi-Year Base as Whales Accumulate and Volume
Paylaş
BitcoinEthereumNews2026/03/21 00:04