00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Treasury Department said Friday it is developing a $1 coin featuring President Trump's image to mark the 250th anniversary of U.S. independence in 2026.
00:10That, according to CBS News, U.S. Treasurer Brandon Beach shared draft designs on social media, showing Trump's profile on one side and a raised fist pose on the other.
00:20Treasury said that the design is preliminary and starting to change once the government shutdown ends.
00:24Federal law bans living presidents from appearing on currency, but commemorative coins from the U.S. Mint, a Treasury division, may have more flexibility.
00:32Regulations require a two-year wait after a president's death before using their image on currency to prevent any appearance of monarchy.
00:39One-hour coin program is authorized under a 2021 law celebrating the nation's semi-quincentennial.
00:44For all things money, visit Benzinga.com.
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