Baku 3° C
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."
Author
Latest News
13:50
Ombudsperson Sabina Aliyeva issues statement over 36th anniversary of January 20 tragedy
Domestic policy13:38
Azerbaijan, Serbia to hold political consultations on February 3
Foreign policy13:29
Photo
Leyla Aliyeva visits MESOB One-Stop Service Center in Ethiopia
Foreign policy13:21
Serbia to continue buying Azerbaijani oil - EXCLUSIVE
Energy13:11
Photo
Video
Defense Ministry's leadership visits Alley of Martyrs
Domestic policy12:46
Gold prices reach record high of about $4,700 per ounce
Business12:44
Simonyan says opposition's call to discuss parliamentary update on 2020 war speculation
Region12:43
Turkish ambassador: Martyrs' dreams fulfilled with liberation of lands
Foreign policy12:42