ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Donald Trump wants his face on new $1 coins — Democrats are determined to stop him

The Democratic senators argued that no living/sitting president should have their likeness on a coin.
PUBLISHED DEC 10, 2025
U.S. President Donald Trump salutes supporters during a campaign rally (Cover image source: Getty Images/Photo by Justin Sullivan)
U.S. President Donald Trump salutes supporters during a campaign rally (Cover image source: Getty Images/Photo by Justin Sullivan)

Donald Trump is known to put his name and face on almost anything from steaks to airlines, even when he wasn't the U.S. President. But a group of Democratic senators won't let that happen anymore, as they have introduced a bill that would prevent the government from minting coins featuring President Trump's image. The bill, called the Change Corruption Act, was introduced by Oregon's U.S. Senator Jeff Merkley and Nevada's Senator Catherine Cortez Masto, as per the official release. The U.S. Treasurer, Brandon Beach, confirmed that a coin with the president's likeness was set to be minted to commemorate 250 years to the day when the country was founded. The authors of the bill argued that “No United States currency may feature the likeness of a living or sitting President."

U.S. Sen. Jeff Merkley (D-OR) (R) and U.S. Sen. Ed Markey (D-MA) speak on infrastructure and climate protection at the U.S. Capitol (Image source: Getty Images/Photo by Kevin Dietsch)
U.S. Sen. Jeff Merkley (D-OR) (R) and U.S. Sen. Ed Markey (D-MA) speak on infrastructure and climate protection at the U.S. Capitol (Image source: Getty Images/Photo by Kevin Dietsch)

While the Treasury Department has the authority to mint the $1 collectible coins, the senators and the co-sponsors of the bill, lawmakers Richard Blumenthal of Connecticut and Ron Wyden of Oregon, argued that there was a historical precedent of the U.S. not featuring a living or sitting president on a circulating coin. “President Trump’s self-celebrating maneuvers are authoritarian actions worthy of dictators like North Korea’s Kim Jong Un, not the United States of America,” Senator Merkely said in a statement. “We must reject his efforts to dismantle our ‘We, The People’ republic and replace it with a strongman state by demanding strong accountability to prevent further abuse of taxpayer dollars,” he said. Furthermore, Senator Cortez suggested that the legislation was set to codify the country's tradition.

U.S. Sen. Catherine Cortez Masto at an election night party hosted by Nevada Democratic Victory at The Encore (Image source: Getty Images/Photo by Anna Moneymaker)
U.S. Sen. Catherine Cortez Masto at an election night party hosted by Nevada Democratic Victory at The Encore (Image source: Getty Images/Photo by Anna Moneymaker)

“Our legislation would codify this country’s long-standing tradition of not putting living presidents on American coins. Congress must pass it without delay,” she said. However, The Independent noted that with the GOP majority in both chambers of Congress, the bill faces a slim chance of becoming law. Given the GOP majority in both chambers of Congress and Trump’s firm control over his party, the bill faces a slim chance of becoming law.

Nevertheless, there are laws preventing living presidents from appearing on American currency that already exist. According to ABC News,  title 31 of the U.S. Code states, “Only the portrait of a deceased individual may appear on United States currency and securities," and an amendment passed in 1866 also prohibits living individuals from appearing on currency. However, the Circulating Collectible Coin Redesign Act of 2020, which was signed into law by Trump in 2021, only banned living people from featuring on the reverse in a commemorative series. Thus, the coin with Trump's likeness can legally be minted if it follows the protocol.

United States Mint (Image source: Getty Images/Photo by Douglass Rissing)
United States Mint (Image source: Getty Images/Photo by Douglass Rissing)

Back in October, the U.S. Mint announced plans to create the commemorative $1 coins in honor of America's 250th anniversary. Confirming the news, Treasurer Beach shared two designs on X that could become final. The designs carried headshots of Trump, with phrases “IN GOD WE TRUST” and “1776 ~ 2026”. The draft image depicts the president in front of an American flag with his fist raised. 

Screenshot showing the proposed designs (Image source: X/@TreasurerBeach)
Screenshot showing the proposed designs (Image source: X/@TreasurerBeach)

If the proposed coin goes into minting, it wouldn't be the first time that a sitting American president got his face on American currency. As per the Independent, in 1926, a half-dollar coin was minted bearing the profile of President Calvin Coolidge in honor of the 150th anniversary of the Declaration of Independence being signed. 

More on Market Realist:

Trump's rollback of Biden-era policies can make cars cheaper — but there's still one major issue

President Trump announces $12 billion aid package for farmers impacted by his tariff policies

Trump admin set to make major changes to Social Security in 2026 — here are the key details

MORE ON MARKET REALIST
The Jonassen family finally aced the Fast Money Round, after a wait of 43 years.
11 hours ago
The CRFB estimates the plan would add $5.8 trillion to the national debt over a decade.
11 hours ago
Big names like Costco, Reebok, Revlon, Ray Ban, and more have filed lawsuits seeking tariff refunds.
13 hours ago
It is clear what Harvey thinks will be a popular gift at the bottom of the cereal box.
15 hours ago
Analysts have shared their outlook on stocks that will be in focus for 2026.
1 day ago
Harvey thought that the answer had to be on the board, and he was surprised.
1 day ago
It's safe to say that Harvey didn't think people had the habit of tidying up in the morning.
1 day ago
Harvey was a bit harsh in telling he player that he almost had no chance of winning $20,000
2 days ago
Harvey got lost in the moment and thought the contestants were yelling at him.
2 days ago
Becoming a Costco member comes with a lot of perks like great offers on premium products.
2 days ago
Health and Human Services will withhold funds to five Democratic states over suspicions of fraud.
2 days ago
A potential ruling on the legality of the sweeping tariffs may have huge implications on the economy.
2 days ago
People always tie things like big houses and fancy cars to wealth, but the little things matter more
3 days ago
The company had made use of underhanded tactics to enroll customers to its Prime program.
3 days ago
A gigantic victory for the player who had reportedly purchased their ticket online.
3 days ago
While the guest admitted she was in the antiques business, she was still astonished by the estimate.
3 days ago
While businesses absorbed the blow last year, they may run out of reserves in 2026.
3 days ago
Reacting to the muted reaction of the market, Burry says the larger impact is soon to be seen.
3 days ago
The shopper claimed the store's hassle free policy helped him save $170.
4 days ago