"Flattery knows no bounds": The Treasury Department plans to issue a $1 coin featuring the "Trump portrait", openly violating federal law.

The U.S. Treasury has unveiled a draft of a commemorative coin featuring Trump’s portrait, sparking dual legal and political controversies, as federal regulations stipulate: no living president or president who has been deceased for less than two years may appear on currency. (Background: After Trump’s closure, there was a large-scale dismissal of federal employees and a freeze on the Democratic Party’s $8 billion green energy project.) (Additional context: Washington accelerates digital asset legislation! CFTC acting chairman: striving to make the U.S. a global encryption leader.) With just one year left until the 250th anniversary of the founding of the United States, the attention-seeking Trump certainly cannot miss out, and the actions of the officials below to flatter him are even more limitless. According to a CBS News report on the 6th, the U.S. Treasury confirmed plans to issue a $1 commemorative coin featuring Trump’s portrait, disregarding the federal law that prohibits the images of living presidents on currency. Note: The U.S. Congress passed a law in 2020 allowing the Treasury Secretary to mint a $1 coin themed 'symbolizing the 250th anniversary of the founding of the United States' in 2026. Controversy ignited over design exposure. Treasury Secretary Brandon Beach recently posted the draft of the commemorative coin on social media platform X: the front features a profile of Trump, and the back depicts the president raising his fist with the American flag waving in the background, and below it is inscribed "fight fight fight." It is reported that the image was inspired by a failed assassination attempt on Trump the previous year. Beach even emphasized in a post on X: This is not fake news. These drafts honoring America’s 250th birthday and the president are real. A Treasury spokesperson later explained to CBS News that the sketch is not finalized, stressing that the design "reflects the long-held spirit of the nation and the people," but it did not quell external doubts. Regulatory red lines and gray areas. The core of the community debate lies in federal regulation 31 U.S. Code § 5112. The clause explicitly states that currency may not feature the image of a living president or a president who has been deceased for less than two years. The San Francisco Federal Reserve Bank noted in an explanation that this restriction is to avoid associations with monarchies and to highlight the value of "people's sovereignty." However, the Treasury is attempting to differentiate "currency" from "commemorative coins" to find leeway: currency is produced by the engraving and printing bureau, while commemorative coins are minted by the U.S. Mint. Nevertheless, an analysis by The Daily Beast pointed out that the "Circulating Collectible Coin Redesign Act" passed in 2020 further prohibits anniversary coins from using "head and shoulders portraits or busts." This means that even if categorized as a commemorative coin, the design featuring Trump’s portrait may still violate current laws, and the legal "gray area" is quite narrow. Political thermometer: the struggle for national symbols. This Trump commemorative coin is seen as an operation to strengthen personal image. The design incorporates the slogan "fight fight fight" and elements of the assassination attempt, making the commemorative coin transcend mere commemorative significance and carry a strong political message. In a highly polarized American society, this move may further deepen rather than resolve divisions. In contrast, the Mint's recent issues have mostly focused on deceased historical figures, such as the five notable women 25-cent coins, and there are discussions to stop producing one-cent coins that cost more than their face value. Designs related to living presidents thus appear particularly jarring. AXIOS reports anticipate that if the commemorative coin continues to advance, it will face multiple legal and political challenges. Related reports: The SEC and CFTC issued a joint statement on "coordinated regulation": exploring thresholds for prediction markets and introducing perpetual futures. Open the doors! Polymarket receives partial legal exemptions from the CFTC, allowing it to return to the U.S. market generously. CFTC's significant reform: overseas exchanges can "apply for FBOT landing" to provide American users with derivatives trading, ending the era of expulsion. "Flattering without limits" - the Treasury plans to issue a $1 coin featuring "Trump’s portrait," openly violating federal law." This article was first published in BlockTempo, the most influential blockchain news media.