The U.S. Treasury's plan to issue Trump commemorative coins sparks strong criticism from lawmakers, who question its association with the meme coin TRUMP.
Jinse Finance reported that the U.S. Treasury Department's plan to issue a $1 face value President Trump commemorative coin has sparked strong criticism from lawmakers. The coin is intended to celebrate the 250th anniversary of American independence, featuring Trump's portrait on the front, and an image of him raising his fist in front of the American flag on the back, along with the words "Fight, Fight, Fight." Democratic Senator Chris Van Hollen questioned at a Senate Banking Committee nomination hearing on Thursday that it is illegal to print a president's portrait on official coins, and what is even more outrageous is the coin's connection to the TRUMP meme coin from which Trump profits. "Fight, Fight, Fight" is the name of the company behind the TRUMP meme coin, which was launched by Trump a few days before his second inauguration this year. Paul Hollis, the nominee for Director of the Mint at the Treasury Department, stated when asked about this matter that he would be "100% committed to always complying with the law."
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