Legislation enacted in 2001 allows the treasury to mint platinum coins of any value without congressional approval. Under that law, the coin's value could be anything, but it would have to be ...

Proponents suggest Congress use its minting power to create new money in the form of a trillion-dollar coin to fund itself and sidestep the debt limit. The Constitution explicitly gives Congress ...

Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.

The average jar yields $58 in buying power. Most of us don’t realize how much our coins are worth. Thus, a trip to a coin-exchange kiosk (or a bank, or credit union) can yield a pleasant surprise.

The idea captured the imagination of academics and pundits alike, leading to calls on social media to mint the coin and approving columns from the likes of Joe Weisenthal, now a Bloomberg writer ...

It is unclear whether Mr. Trump has the power to do this. It is Congress, not the Treasury or the Federal Reserve, that authorizes the manufacture of the nation’s coins, according to the U.S. Mint.