The Obama administration has ruled out minting money as a way to sidestep the nation's borrowing limit. The Treasury Department will not produce a trillion-dollar platinum coin to pay the federal government's bills, the Washington Post reported Saturday.
Obama Administration Rules Out Super-Coin to Sidestep the Debt Limit
This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.