US may mint $1 trillion platinum coin
Finance
- 07 October, 2021
- 06:16
In the United States, $1 trillion worth of platinum coins may be minted and transferred to the Federal Reserve System immediately, Report informs via foreign media.
The issue was raised in the context of discussions in the US Congress on the debt limit.
"I'm opposed to it, and I don't believe we should consider it seriously," Treasury Secretary Janet Yellen told CNBC. "It's really a gimmick, and what's necessary is for Congress to show the world can count on America paying its debts."
Latest News
15:48
Photo
Azerbaijani journalists explore Issyk-Kul Region's tourism potential
Tourism15:47
Greece receives first €118M payment under EU defense fund
Other countries15:28
PM Koretskyy: IMF transfers second $690M tranche to Ukraine
Other countries15:16
Kallas says EU targets Russian banks, energy sector in new sanctions
Other countries15:10
Dollar share in SOFAZ's investment portfolio approaches 70%
Finance15:02
Photo
Azerbaijan, Pakistan to draft professional training memorandum
Domestic policy15:01
EU fines Google €890M for competition breaches over search and apps
Other countries14:45
TotalEnergies Q2 2026 profit doubles to $6B on elevated energy prices
Energy14:27