Just Give Them The Mint Already

Happy Greedy Business ManH.R.5818 the Currency Overhaul for an Industrious Nation (COIN) Act, authorizes the TRANSFER OF THE UNITED STATES MINT AND BUREAU OF ENGRAVING AND PRINTING TO THE FEDERAL RESERVE BOARD. I kid you not readers, this act instructs the Secretary of the Treasury to “arrange for the accounting for, and transfer of, all assets and liabilities and all operational and management responsibilities, including obligations with respect to officers and employees, from the Secretary to the Board…before the end of the 6-month period beginning on the date of the enactment of this Act section (c) shall be based on the following principles and the amendments made by subsection…The Board of Governors of the Federal Reserve System shall have the responsibility for the administration of the bureau of the United States Mint and all operations and productions of such entities.

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