COINS Act Reintroduced To U.S. Senate

June 19, 2013

The COINS Act, which would result in $1 coins replacing Federal Reserve $1 notes, was reintroduced to the U.S. Senate June 6 by Tom Harking, D-Iowa, according to Coin News. The act, which has received bi-partisan backing from GOP members like John McCain, would end the circulation of $1 Notes after one of two criteria were met— 600,000,000 new $1 coins were released into circulation, or a period of four years had passed since the enactment of the act. Full article.



Dollar Coin Alliance Calls On Obama To Reverse Suspension Of Dollar Coin

Dec. 14, 2011
The Dollar Coin Alliance, a coalition of small businesses, budget watchdogs, transit agencies and labor groups, called on the Obama Administration to reverse course on its decision...

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