Hassett rebuffs Tapper on legality of Trump commemorative $1 coin: ‘On solid ground’

The White House is on solid legal ground with plans to release a commemorative coin of President Donald Trump for the country’s 250th independence celebration, according to a senior Trump administration official.

National Economic Council Director Kevin Hassett pushed back on Sunday against CNN host Jake Tapper’s suggestion that the Treasury Department’s development of a $1 coin could violate a century-old law.

“It bears the image of the current president, President Trump. This, despite the fact that an 1866 law enshrined in the U.S. Code says a living person cannot be featured in the U.S currency,” said Tapper, host of State of the Union. “This obviously dates back to concerns about wanting to avoid the appearance of a monarchy. Is President Trump planning on changing that

Continue reading