Rep. Ted Lieu (D-Calif.) isn't thrilled about the latest Trump-themed merchandise from the Treasury Department. On Wednesday, he took to X to call out Treasury Secretary Scott Bessent for promoting a new $1 gold coin featuring President Trump's image, asking him to instead focus on the economy.
Lieu's response came after Bessent announced that the U.S. Mint would start striking a new $1 gold coin to commemorate the 250th anniversary of American independence. The coin features Trump's profile along with "In God We Trust" and "Liberty 1776-2026."
"Can you please focus on the economy? The American people are suffering. Thank you for your attention to this matter," Lieu said in his post.
Bessent defended the coin as a patriotic tribute, but it's already stirring up legal questions. Federal law generally bars living presidents from appearing on U.S. currency, but Bessent argues that restriction applies only to paper money, not coins. He pointed to a 1926 coin featuring then-President Calvin Coolidge as a precedent.
The U.S. Commission of Fine Arts approved the design, but the Citizens Coinage Advisory Committee declined to review it, with critics arguing the coin could violate existing law. The Treasury described the coin as gold-colored but made of non-precious metal.
This isn't the only Trump-name controversy making headlines. Last week, President Trump celebrated the renaming of Palm Beach International Airport to The President Donald J. Trump International Airport, with Trump Force One becoming the first aircraft to land at the newly renamed facility. Eric Trump said he made sure the Boeing 757 arrived first to mark the moment.
And in June, Rep. Robert Garcia (D-Calif.) praised the removal of Trump's name from the Kennedy Center, calling it a victory for "democracy and the rule of law." That move followed a court ruling that changing the center's legally established name required congressional approval, reversing a Trump-backed renaming effort.
So while Bessent is busy minting coins, Lieu and others are asking: what about the economy?















