“The fact that Treasury officials have reportedly pursued this effort despite serious legal objections only raises more concerns about Treasury’s misplaced priorities and disregard for our current laws,” wrote Sens. Elizabeth Warren of Massachusetts, Jeff Merkley and Ron Wyden of Oregon, and Catherine Cortez Masto of Nevada, and Senate Minority Leader Chuck Schumer of New York.
Merkley and Cortez Masto in December also introduced a bill that would block Trump’s efforts to put his face on the $1 commemorative coin.
“While monarchs put their faces on coins, America has never had and never will have a king,” Cortez said in a statement at the time.
Republican Rep. Thomas Massie of Kentucky, who has frequently clashed with Trump and earlier this year lost the primary for his seat to a challenger backed by the President, disparaged the new coin in response to Bessent’s post on Wednesday.
“Congratulations, we’ve entered the end stages,” Massie wrote. “Eliminate the penny, plug the nickel, and make some commemorative gold coins nobody can afford. I feel sorry for the folks who will be sold worthless knockoffs of this by the usual grifters.”
Read the full article here
