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Board of Governors of the Federal Reserve System
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Annual Report to the Congress on the Presidential $1 Coin Program 2014

Background

Pursuant to section 104 of the Presidential $1 Coin Act of 2005 (Public Law 109-145), the Board of Governors of the Federal Reserve System (Board) is required to submit an annual report to the Congress that includes an assessment of the remaining obstacles to the efficient and timely circulation of $1 coins; consultations with industry representatives, the vending industry, and other coin-accepting organizations to encourage the acceptance of $1 coins; and recommendations for legislative action that the Board may determine to be appropriate.

 

Last update: August 14, 2014

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