Thomas Massie Unloads On Trump ‘Grifters’ Over $1 Trump Coins
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Thomas Massie Unloads On Trump ‘Grifters’ Over $1 Trump Coins

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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.

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