Thomas Massie Unloads On Trump ‘Grifters’ Over $1 Trump Coins
Key Points:
- Treasury Secretary Scott Bessent announced the U.S. Mint is producing a new $1 coin featuring President Donald Trump, which is gold-colored but contains no actual gold and will be made of non-precious metals.
- Rep. Thomas Massie criticized the announcement, sarcastically noting the discontinuation of the penny, potential changes to the nickel, and the creation of expensive commemorative coins that many cannot afford.
- The coin's production follows Trump's order to stop making the penny, which costs four cents to produce, and comes amid ongoing discussions about making nickels from cheaper materials.
- The Trump family has profited significantly from other commemorative coins and crypto ventures, including high-priced coins and meme coins, while many buyers of Trump-branded crypto coins have suffered substantial financial losses.
- Massie, a vocal critic of Trump who is leaving Congress after losing a primary to a Trump-backed candidate, also condemned Trump for supporting a law related to Jeffrey Epstein files.