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Tag Archives: talk has focused on what to do about it.
It was no secret, but once a National Public Radio report on the $1 billion in dollar coins taking up space in Federal Reserve vaults got the public’s attention in late June, talk has focused on what to do about it. Asking the U.S. Mint to quit producing them won’t work either, because minting of the coins is required by law. So two lawmakers have introduced legislation to revoke the law that has required the production of Presidential dollars since 2007. Continue reading