A federally appointed committee is pushing back on plans to mint gold currency depicting President Trump.
Category: Currency
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For America’s 250th, Should the Coin of Trump’s Realm Be Gold?
The New York Times – Business: -
Trump’s New Tariffs Could Face Legal Challenges
The New York Times – Business:Critics are questioning the legality of the provision President Trump has used to replace his previous slate of tariffs, raising the prospect of yet another legal battle.
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Tremors in Japan Prompt Treasury to Weigh Currency Intervention
New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.
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Greenland Tensions Rattle Global Markets
A slump in U.S. stocks spilled into markets in Asia and Europe on Wednesday, ending a period of relative calm.
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China’s Weak Currency Is Powering Its Exports and Drawing Criticism
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
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The Penny Dies at 232
A long decline into irrelevance ended on Wednesday in Philadelphia.
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A Two-Headed Coin That Always Comes Up ‘Trump’
Would a proposed coin featuring the president on both sides commemorate America’s founding, or undercut its founding principles?
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Bessent Stakes Credibility and Taxpayer Money on Argentina Bet
Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
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The Penny’s Demise Is Leaving Some Businesses Shortchanged
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.
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Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
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Treasury Defends Minting a $1 Trump Coin Despite 1866 Law
The Treasury Department said that a 2020 collectible coinage law allows a living person to appear on U.S. currency.
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Gold Price Nears $4,000 an Ounce, a Sign of Turmoil and Unease
Approaching the milestone for the first time, the precious metal is on course for its best year since the 1970s, highlighting unease among investors.