25th Anniversary of 9/11 Commemorative Coin Act

Download PDF
Bill ID: 119/hr/1993
Last Updated: July 17, 2026

Sponsored by

Rep. Goldman, Daniel S. [D-NY-10]

ID: G000599

Follow the money

The bill

25th Anniversary of 9/11 Commemorative Coin Act

HR. 1993, 119th Congress — read as touching Big Tech Platforms.

The sponsor

Rep. Goldman, Daniel S. [D-NY-10]

Every bill has someone who introduced it. That name is where the paper trail starts.

The money

$77,500 raised

21 itemised contributions to this sponsor, pulled from FEC filings.

The alignment

55% match to Project 2025

This bill's text tracks the "22" section, p. 727-729 of the Mandate for Leadership.

Bill's Journey to Becoming a Law

Track this bill's progress through the legislative process

Latest Action

Received in the Senate.

May 20, 2026

Introduced

Committee Review

Floor Action

Passed House

Senate Review

📍 Current Status

Next: Both chambers must agree on the same version of the bill.

🎉

Passed Congress

🖊️

Presidential Action

⚖️

Became Law

📚 How does a bill become a law?

1. Introduction: A member of Congress introduces a bill in either the House or Senate.

2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.

3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.

4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.

5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.

6. Presidential Action: The President can sign the bill into law, veto it, or take no action.

7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!

Bill Summary

Another meaningless exercise in legislative theater, brought to you by the same geniuses who think a commemorative coin will somehow honor the victims of 9/11.

**Main Purpose & Objectives:** The "25th Anniversary of 9/11 Commemorative Coin Act" is a feel-good bill designed to make politicians look patriotic and concerned about national security. Its primary objective is to mint coins commemorating the 25th anniversary of the September 11, 2001 terrorist attacks.

**Key Provisions & Changes to Existing Law:** The bill authorizes the Secretary of the Treasury to mint $5 gold coins and $1 silver coins with designs that supposedly reflect the "courage, sacrifice, and strength" of those affected by the attacks. The coins will be sold at a markup, with a surcharge going to support programs at the National September 11 Memorial and Museum.

**Affected Parties & Stakeholders:** The usual suspects are involved:

* Politicians seeking to burnish their national security credentials * Lobbyists representing special interest groups (e.g., coin collectors, memorial organizations) * The National September 11 Memorial and Museum, which will receive a portion of the surcharge revenue

**Potential Impact & Implications:**

1. **Financial impact:** The bill will generate revenue for the National September 11 Memorial and Museum, but it's a drop in the bucket compared to the billions spent on actual counterterrorism efforts. 2. **Symbolic impact:** The coins might provide a fleeting sense of patriotism, but they won't address the underlying issues that led to the 9/11 attacks or improve national security. 3. **Opportunity cost:** Time and resources will be wasted on this symbolic gesture instead of being devoted to more pressing policy issues.

Diagnosis: This bill is a classic case of "Legislative Attention Deficit Disorder" – a condition where politicians focus on trivial, feel-good measures rather than tackling complex problems.

Treatment: Ignore the bill's sentimental language and focus on actual counterterrorism efforts. Allocate resources to programs that address the root causes of terrorism and improve national security.

Prognosis: The bill will pass with bipartisan support, but its impact will be negligible. It'll be a footnote in the annals of legislative history, a reminder of politicians' propensity for grandstanding over substance.

Generated using Llama 3.1 70B (Dr. Haus personality)

💰 Campaign Finance Network

Rep. Goldman, Daniel S. [D-NY-10]

Congress 119 • 2024 Election Cycle

Total Contributions
$77,500
14 donors
PACs
$0
Organizations
$1,500
Committees
$0
Individuals
$76,000

No PAC contributions found

1
BARONA BAND OF MISSION INDIANS
1 transaction
$1,500

No committee contributions found

1
GOLDSTEIN, DARIN
2 transactions
$13,200
2
SCHWARTZ, DAVID
2 transactions
$10,000
3
ADAMS, RICHARD
2 transactions
$6,600
4
BARTH, RICHARD
2 transactions
$6,600
5
BLUMENTHAL, VIOLETTE
2 transactions
$6,600
6
BRUNO, JACQUELINE
2 transactions
$6,600
7
BEAL, BRUCE
2 transactions
$6,600
8
ANDREESSEN, MARC
1 transaction
$3,300
9
DIXON, CHRISTOPHER
1 transaction
$3,300
10
HOROWITZ, BEN
1 transaction
$3,300
11
OCH, DANIEL
1 transaction
$3,300
12
OCH, JANE
1 transaction
$3,300
13
ADELSTEIN, MARTIN
1 transaction
$3,300

Cosponsors & Their Campaign Finance

This bill has 10 cosponsors. Below are their top campaign contributors.

Rep. Garbarino, Andrew R. [R-NY-2]

ID: G000597

Top Contributors

10

1
MS BAND OF CHOCTAW INDIANS
OrganizationPEARL, MS
$1,000
Nov 5, 2024
2
THE CHICKASAW NATION
OrganizationADA, OK
$1,000
Jun 20, 2023
3
DUIT, JAMES
CONCEPTION LLC • PARTNER
IndividualEDMOND, OK
$3,300
Nov 5, 2024
4
DUIT, PAMELA
CONCEPTION LLC • PARTNER
IndividualEDMOND, OK
$3,300
Nov 5, 2024
5
ROCKEFELLER, LISENNE
WINROCK ENT • PRESIDENT
IndividualLITTLE ROCK, AR
$3,300
Oct 29, 2024
6
RICKETTS, MARLENE
RETIRED • RETIRED
IndividualOMAHA, NE
$3,300
Oct 24, 2024
7
LEACH, HOWARD
SELF EMPLOYED • PRIVATE INVESTOR
IndividualPALM BEACH, FL
$3,300
Oct 22, 2024
8
FEINSTEIN, LEONARD
BED BATH AND BEYOND • CHAIRMAN
IndividualJERICHO, NY
$3,300
Oct 31, 2024
9
BANKE, BARBARA R.
JACKSON FAMILY WINES • OWNER
IndividualGEYSERVILLE, CA
$3,300
Nov 15, 2023
10
SMITH, HOLLY
SHOOK HARDY BACON LLP • ATTORNEY
IndividualSAINT LOUIS, MO
$3,300
Dec 22, 2023

Rep. Lawler, Michael [R-NY-17]

ID: L000599

Top Contributors

10

1
MURTAGH, COSSU, VENDITTI & CASTRO-BLANCO, LLP
OrganizationWHITE PLAINS, NY
$1,000
Feb 24, 2024
2
BATMASIAN, JAMES
INVESTMENTS LIMITED • OWNER
IndividualBOCA RATON, FL
$6,600
Sep 27, 2023
3
BATMASIAN, JAMES
IndividualBOCA RATON, FL
$6,600
Sep 29, 2023
4
AUSTIN, ROBERT
UNAKA CO., INC. • BUSINESSMAN
IndividualDALLAS, TX
$6,600
Jul 18, 2024
5
SILVERMAN, JEFFREY
RETIRED • RETIRED
IndividualSURFSIDE, FL
$6,534
Feb 15, 2024
6
SILVERMAN, JEFFREY
IndividualSURFSIDE, FL
$6,534
Feb 22, 2024
7
SCALA, MARY ELLEN
RETIRED • RETIRED
IndividualPORT CHESTER, NY
$5,300
Aug 27, 2023
8
DEUTSCH, SHMULEY
SELF • PRESIDENT
IndividualSPRING VALLEY, NY
$3,900
Jun 24, 2024
9
DEUTSCH, SHMULEY
IndividualSPRING VALLEY, NY
$3,900
Jun 25, 2024
10
PERLMUTTER, RAFUEL
GOLDEN TASTE • CEO
IndividualSPRING VALLEY, NY
$3,400
Jun 24, 2024

Rep. Nadler, Jerrold [D-NY-12]

ID: N000002

Top Contributors

10

1
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$3,300
Nov 5, 2024
2
KRAMER DILLOF LIVINGSTON & MOORE
OrganizationNEW YORK, NY
$3,300
Aug 3, 2023
3
SHAKOPEE MDEWAKANTON DAKOTA POLITICAL COMMITTEE
OrganizationPRIOR LAKE, MN
$1,650
Jun 6, 2023
4
TONIO BURGOS & ASSOCIATES
OrganizationTRINITY, NY
$1,000
Aug 1, 2023
5
VILLAGE INDEPENDENT DEMOCRATS
OrganizationNEW YORK, NY
$300
Sep 21, 2023
6
JOSEPHSON, JOHN H
SESAC MUSIC GROUP • CEO
IndividualNEW YORK, NY
$3,300
Oct 23, 2024
7
LAWRENCE, DOUGLAS
NOT EMPLOYED • NOT EMPLOYED
IndividualNEW YORK, NY
$3,300
Oct 28, 2024
8
RECHLER, DEBBY
HOMEMAKER
IndividualGLEN HEAD, NY
$3,300
Oct 28, 2024
9
RUBIN, JUDY
NOT EMPLOYED • NOT EMPLOYED
IndividualNEW YORK, NY
$3,300
Oct 17, 2024
10
ALIX, JAY
JAY ALIX & ASSOCIATES • EXECUTIVE
IndividualBIRMINGHAM, MI
$3,300
Sep 4, 2023

Rep. Latimer, George [D-NY-16]

ID: L000606

Top Contributors

10

1
SOMERS DEMOCRATIC CLUB
OrganizationKATONAH, NY
$500
Jun 5, 2024
2
ABRAMSON, ALAN
ABRAMSON BROTHERS INCORPORATED • ATTORNEY/REAL ESTATE
IndividualNEW YORK, NY
$3,300
Jun 13, 2024
3
BRODIE, JACOB
BRODIE GENERATIONAL CAPITAL PARTNERS • PRESIDENT
IndividualHAVERFORD, PA
$3,300
Jun 20, 2024
4
BUCHWEITZ, TAMAR
NOT EMPLOYED • NOT EMPLOYED
IndividualNEW ROCHELLE, NY
$3,300
Jun 10, 2024
5
CUOMO COLE, MARIA
SELF • FILM PRODUCER
IndividualNEW YORK, NY
$3,300
Jun 25, 2024
6
CUTLER, RANDI
NOT EMPLOYED • NOT EMPLOYED
IndividualBOSTON, MA
$3,300
Jun 14, 2024
7
CUTLER, RANDI
NOT EMPLOYED • NOT EMPLOYED
IndividualBOSTON, MA
$3,300
Jun 14, 2024
8
DACHS, HARVEY
DACHS EMPLOYER LLC • INSURANCE BROKER
IndividualWOODMERE, NY
$3,300
Jun 23, 2024
9
DE CICCO, JOHN
G&S • RETAIL
IndividualPELHAM, NY
$3,300
Jun 8, 2024
10
ETTENGER, MARK
NOT EMPLOYED • NOT EMPLOYED
IndividualMAMARONECK, NY
$3,300
Jun 8, 2024

Rep. Tenney, Claudia [R-NY-24]

ID: T000478

Top Contributors

10

1
WINRED EARMARKS
PACARLINGTON, VA
$27,879
Oct 22, 2024
2
WINRED EARMARKS
PACARLINGTON, VA
$21,566
Oct 29, 2024
3
WINRED EARMARKS
PACARLINGTON, VA
$10,970
Nov 25, 2024
4
WINRED EARMARKS
PACARLINGTON, VA
$5,493
Nov 19, 2024
5
SAN MANUEL BAND OF MISSION INDIANS
OrganizationLOS ANGELES, CA
$2,000
Nov 5, 2024
6
MORONGO BAND OF MISSION INDIANS
OrganizationBANNING, CA
$2,000
Jun 18, 2024
7
SANTA YNEZ BAND OF MISSION INDIANS
OrganizationSANTA YNEZ, CA
$2,000
Jun 18, 2024
8
MORONGO BAND OF MISSION INDIANS
OrganizationBANNING, CA
$1,000
Mar 31, 2023
9
TEXTOR, DONALD
RETIRED • RETIRED
IndividualLOCUST VALLEY, NY
$13,200
Apr 17, 2024
10
WINE, SCOTT
POLARIS • CEO
IndividualEXCELSIOR, MN
$6,600
Sep 30, 2024

Rep. Malliotakis, Nicole [R-NY-11]

ID: M000317

Top Contributors

10

1
M&T BANK
OrganizationMOUNT KISCO, NY
$118
Sep 21, 2024
2
M&T BANK
OrganizationMOUNT KISCO, NY
$101
Sep 21, 2024
3
SIDIROPOULOS, JIM MR.
DELPHI PH • CONTRACTOR
IndividualSTATEN ISLAND, NY
$5,600
Jul 23, 2024
4
BERGER, RICHARD MR.
RETIRED • RETIRED
IndividualHOBOKEN, NJ
$5,000
May 17, 2024
5
LOEB, JOHN L. MR. JR
RETIRED • RETIRED
IndividualPURCHASE, NY
$5,000
Apr 22, 2024
6
BAUMRIND, MARTIN M. MR.
SELF • LANDLORD
IndividualBROOKLYN, NY
$5,000
Sep 16, 2024
7
DUIT, JAMES A
CONTRIBUTION OF CONCEPTION LLC • EXEC
IndividualEDMOND, OK
$3,300
Nov 5, 2024
8
DUIT, PAMELA A
CONTRIBUTION OF CONCEPTION LLC • EXEC
IndividualEDMOND, OK
$3,300
Nov 5, 2024
9
LAUDER, RONALD S.
SELF EMPLOYED • BUSINESSMAN
IndividualNEW YORK, NY
$3,300
Oct 28, 2024
10
BANKE, BARBARA R. MS.
CHAIRMAN • JACKSON FAMILY WINES
IndividualGEYSERVILLE, CA
$3,300
Nov 17, 2023

Rep. Carson, André [D-IN-7]

ID: C001072

Top Contributors

10

1
BARONA BAND OF MISSION INDIANS
OrganizationLAKESIDE, CA
$1,500
May 22, 2023
2
INDIANA IMPORT LLC
OrganizationFISHERS, IN
$1,000
Nov 11, 2023
3
MNAYMEH, HALA
RETIRED • RETIRED
IndividualCORAL GABLES, FL
$3,300
Oct 21, 2024
4
DE LA CRUZ, FABIO
WESTON PROPERTY MANAGEMENT • PARTNER
IndividualINDIANAPOLIS, IN
$3,300
Nov 5, 2024
5
KHAN, AZHER M
CALDERON TEXTILES • PRESIDENT
IndividualCARMEL, IN
$3,300
Dec 8, 2023
6
HOGAN, ALAN P.
THE HOGAN GROUP, INC. • CONSULTANT
IndividualINDIANAPOLIS, IN
$3,300
Feb 22, 2023
7
JOHNSON, LACY M.
ICE MILLER • ATTORNEY
IndividualINDIANAPOLIS, IN
$3,300
Mar 16, 2023
8
STACK, ANN M.
RETIRED • RETIRED
IndividualINDIANAPOLIS, IN
$3,300
Feb 22, 2023
9
ABDALLA, MIKE A.
MAGNA PROPERTIES • PRESIDENT
IndividualINDIANAPOLIS, IN
$3,300
Mar 11, 2024
10
MAMOUN, IHSAN
SDI RADIOLOGY • PHYSICIAN
IndividualSEFFNER, FL
$3,300
Jan 23, 2024

Rep. McGovern, James P. [D-MA-2]

ID: M000312

Top Contributors

10

1
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$3,300
Dec 31, 2023
2
CHEROKEE NATION
OrganizationTAHLEQUAH, OK
$3,300
Dec 31, 2023
3
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$3,300
Oct 20, 2023
4
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$3,300
Apr 30, 2024
5
CHOCTAW NATION OF OKLAHOMA
OrganizationDURANT, OK
$2,900
Sep 30, 2023
6
HANEY, WILLIAM M III
DRAGONFLY • CEO
IndividualWAYLAND, MA
$6,600
Nov 29, 2023
7
DEMPSEY, BRIAN S
DEMPSEY LUCEY & ASSOCIATES • PRESIDENT
IndividualHAVERHILL, MA
$3,300
Nov 8, 2023
8
ESLER, JOHN K.
NOT EMPLOYED • NOT EMPLOYED
IndividualSUTTON, MA
$3,300
Oct 24, 2023
9
HANEY, WILLIAM M III
IndividualWAYLAND, MA
$3,300
Dec 31, 2023
10
TANG, KEVIN
TANG CAPITAL • CEO
IndividualSAN DIEGO, CA
$3,300
Nov 8, 2024

Rep. Lynch, Stephen F. [D-MA-8]

ID: L000562

Top Contributors

10

1
CRONIN, JON P.
CRONIN DEVELOPMENT • PRINCIPAL
IndividualBOSTON, MA
$3,300
Nov 27, 2023
2
CRONIN, NICOLE M.
NOT EMPLOYED • NOT EMPLOYED
IndividualBOSTON, MA
$3,300
Nov 27, 2023
3
KENNEDY, LEE M. JR.
LEE KENNEDY CO. INC • SELF EMPLOYED
IndividualDUXBURY, MA
$3,300
Oct 25, 2023
4
KEOHANE, KIARA L.
SELF • HOMEMAKER
IndividualWAKEFIELD, MA
$3,300
Nov 27, 2023
5
KEOHANE, PATRICK J.
SELF • PROPERTY MANAGER
IndividualWAKEFIELD, MA
$3,300
Nov 27, 2023
6
KINEAVY, MICHAEL J.
THE CRONIN GROUP • COO
IndividualBOSTON, MA
$3,300
Nov 27, 2023
7
MORIARTY, JOHN J III
JOHN MORIARTY & ASSOCIATES INC • CONSTRUCTION MANAGEMENT
IndividualCONCORD, MA
$3,300
Dec 4, 2023
8
MORIARTY, JOHN J.
JOHN MORIARTY & ASSOCIATES • BUILDER
IndividualWINCHESTER, MA
$3,300
Dec 4, 2023
9
MORIARTY, JOHN J.
JOHN MORIARTY & ASSOCIATES • BUILDER
IndividualWINCHESTER, MA
$3,300
Dec 4, 2023
10
MURPHY, DENIS
REBEL RESTAURANT • SELF
IndividualBOSTON, MA
$3,300
Nov 27, 2023

Rep. Magaziner, Seth [D-RI-2]

ID: M001223

Top Contributors

10

1
FEDERATED INDIANS OF GRATON RANCHERIA
OrganizationROHNERT PARK, CA
$3,300
May 11, 2023
2
FEDERATED INDIANS OF GRATON RANCHERIA
OrganizationROHNERT PARK, CA
$3,300
May 11, 2023
3
FOREST COUNTY POTAWATOMI COMMUNITY
OrganizationCRANDON, WI
$2,500
Dec 14, 2023
4
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$1,650
Jun 9, 2023
5
SHAKOPEE MDEWAKANTON SIOUX COMMUNITY
OrganizationPRIOR LAKE, MN
$1,650
Apr 30, 2024
6
THE CHICKASAW NATION
OrganizationADA, OK
$1,000
Jun 6, 2023
7
POARCH BANK OF CREEK INDIANS
OrganizationATMORE, AL
$1,000
Mar 21, 2024
8
SIPPRELLE, SUSAN M.
SELF-EMPLOYED • FILMMAKER
IndividualMIDDLETOWN, RI
$3,300
Nov 19, 2023
9
LAVINE, JONATHAN
BAIN CAPITAL • INVESTOR
IndividualBOSTON, MA
$3,300
Dec 20, 2023
10
LAVINE, JONATHAN
BAIN CAPITAL • INVESTOR
IndividualBOSTON, MA
$3,300
Dec 20, 2023

Donor Network - Rep. Goldman, Daniel S. [D-NY-10]

PACs
Organizations
Individuals
Politicians

Hub layout: Politicians in center, donors arranged by type in rings around them.

Loading...

Showing 64 nodes and 36 connections (60 secondary connections hidden)

Total contributions: $172,765

Top Donors - Rep. Goldman, Daniel S. [D-NY-10]

Showing top 14 donors by contribution amount

1 Org13 Individuals

Industry Impact

Which industries are materially affected by specific provisions in this bill. 1 helped.

  • +Big Tech Platformsconfidence 0.60

    The bill authorizes the minting and sale of commemorative coins, which could increase demand for precious metals and related mining/refining industries; however, no direct benefit to big tech platforms is evident. After review, no industry is materially affected.

Who funds the sponsor on these industries

For each industry this bill affects, here's what the sponsor (Rep. Goldman, Daniel S. [D-NY-10])received from donors associated with that industry during the 2022–present cycles. Donations are not proof of intent — they are a record of who funds the people writing the law.

Industries this bill HELPS

Project 2025 Policy Matches

This bill shows semantic similarity to the following sections of the Project 2025 policy document.AI-enhanced analysis provides detailed alignment ratings.

22

Weak
Vector: 56%
Pages: 727-729AI Enhanced

AI Analysis:

"The bill focuses on commemorating 9/11 through coin minting to support a memorial museum, while the Project 2025 policy emphasizes terrorism and financial intelligence operations, sanctions, and economic policy—there is minimal thematic overlap beyond a shared connection to 9/11."

Key themes:9/11Treasury DepartmentNational Security

— 694 — Mandate for Leadership: The Conservative Promise Terrorism and Financial Intelligence. Terrorism and Financial Intelligence (TFI) was created in 2004 as part of the larger reorganization of the U.S. government to promote homeland security following the 9/11 terrorist attacks. TFI is charged with the mission of disrupting international financial support for terrorists, weapons of mass destruction proliferation, narcotics trafficking, money laundering, and other national security threats. It is also responsible for implementing and enforcing economic sanctions programs and supporting the wider law enforcement commu- nity in investigating financial crimes. It is led by the Under Secretary for Terrorism and Financial Intelligence. International Affairs protects and supports U.S. economic prosperity and national security by working to foster the most favorable external environment for sustained employment and economic growth in the United States. The most crucial functions of the Office of International Affairs relate to managing the U.S.–China Strategic Dialogue; representing U.S. interests in the World Bank, International Monetary Fund (IMF) and other multilateral development banks; and overseeing the Committee on Foreign Investment in the U.S. (CFIUS). It is led by the Under Secretary for International Affairs. Tax Policy formulates and develops tax policies and programs and works with Congress to get them passed into law. It reviews and issues regulations drafted by attorneys from the IRS’s Office of Chief Counsel to administer the Internal Reve- nue Code, negotiates tax information exchange agreements with the tax authorities of foreign governments, participates in international tax organizations, and pro- vides economic and legal policy analysis for domestic and international tax policy decisions. This office also provides revenue estimates for the President’s budget. It is led by the Assistant Secretary for Tax Policy. Economic Policy reports on current and prospective economic developments and assists in the determination of appropriate economic policies. This office is responsible for the review and analysis of domestic economic issues and develop- ments in financial markets. The Treasurer of the United States is a statutory office that has been assigned varying duties in recent Administrations. In addition to performing public out- reach, treasurers have at times headed Treasury’s financial education program and overseen the U.S. Mint and Bureau of Engraving and Printing. Four Inspectors General provide independent audits, investigations, and over- sight of Treasury and its programs: The Office of the Inspector General of the Department of Treasury; Treasury Inspector General for Tax Administration; Special Inspector General for the Troubled Asset Relief Program; and the Special Inspector General for Pandemic Recovery. Treasury Bureaus. Seven Treasury Department bureaus comprise 98 percent of the Treasury work force and are responsible for carrying out specific operations assigned to the department. — 695 — Department of the Treasury The Alcohol and Tobacco Tax and Trade Bureau collects federal excise taxes on alcohol, tobacco, firearms, and ammunition, and is responsible for enforcing and administering laws covering the production, use, and distribution of alco- hol products. The Internal Revenue Service is the largest of the department’s bureaus, account- ing for about 85 percent of Treasury’s personnel and about four-fifths of its appropriated budget. It administers and enforces U.S. tax laws. The Bureau of Engraving and Printing develops and produces U.S. currency notes. The Financial Crimes Enforcement Network (FinCEN) is designed to protect the financial system from illicit use. It also administers the beneficial ownership reporting regime mandated by the Corporate Transparency Act.12 The Bureau of the Fiscal Service provides central payment services to federal program agencies, operates the U.S. government’s collections and deposit systems, provides government-wide accounting and reporting services, manages the collec- tion of delinquent debt owed to the U.S. government, borrows the money needed to operate the government through the sale of U.S. Treasury securities (including the state and local government series), and accounts for and services the public debt. The United States Mint designs and mints U.S. circulating and bullion coins. The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises national banks and federal savings associations (thrifts) to ensure that they operate in a safe and sound manner, provide fair access to financial services, and comply with applicable laws and regulations. The OCC also supervises fed- eral branches and agencies of foreign banks and has rulemaking authority for all savings associations. TAX POLICY Tax policy has a powerful impact on the economy. The Treasury Department should develop and promote tax reform legislation that will promote prosperity. To accomplish this, tax reform should improve incentives to work, save, and invest. This, in turn, is accomplished primarily by reducing marginal tax rates,13 reducing the cost of capital14 and broadening the tax base to eliminate tax-induced economic distortions by eliminating special-interest tax credits, deductions, and exclusions. Tax compliance costs will decline precipitously if the tax system is substantially simplified.15 The Treasury Department should also promote tax competition rather than supporting an international tax cartel. Principles of Good Tax Policy. These are the principles governing good tax policy. l First, the tax system should raise the revenue necessary to fund a limited government for constitutionally appropriate activities. It should raise this revenue such that it: (a) applies the least economically destructive forms of

22

Weak
Vector: 56%
Pages: 727-729AI Enhanced

AI Analysis:

"The bill concerns the Treasury's minting of commemorative coins, which touches on the Treasury Department's role in coin production mentioned in Project 2025, but it does not address the policy's focus on tax reform, tax policy, or fiscal initiatives."

Key themes:Treasury DepartmentUnited States Mintcoinagecommemorative

— 695 — Department of the Treasury The Alcohol and Tobacco Tax and Trade Bureau collects federal excise taxes on alcohol, tobacco, firearms, and ammunition, and is responsible for enforcing and administering laws covering the production, use, and distribution of alco- hol products. The Internal Revenue Service is the largest of the department’s bureaus, account- ing for about 85 percent of Treasury’s personnel and about four-fifths of its appropriated budget. It administers and enforces U.S. tax laws. The Bureau of Engraving and Printing develops and produces U.S. currency notes. The Financial Crimes Enforcement Network (FinCEN) is designed to protect the financial system from illicit use. It also administers the beneficial ownership reporting regime mandated by the Corporate Transparency Act.12 The Bureau of the Fiscal Service provides central payment services to federal program agencies, operates the U.S. government’s collections and deposit systems, provides government-wide accounting and reporting services, manages the collec- tion of delinquent debt owed to the U.S. government, borrows the money needed to operate the government through the sale of U.S. Treasury securities (including the state and local government series), and accounts for and services the public debt. The United States Mint designs and mints U.S. circulating and bullion coins. The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises national banks and federal savings associations (thrifts) to ensure that they operate in a safe and sound manner, provide fair access to financial services, and comply with applicable laws and regulations. The OCC also supervises fed- eral branches and agencies of foreign banks and has rulemaking authority for all savings associations. TAX POLICY Tax policy has a powerful impact on the economy. The Treasury Department should develop and promote tax reform legislation that will promote prosperity. To accomplish this, tax reform should improve incentives to work, save, and invest. This, in turn, is accomplished primarily by reducing marginal tax rates,13 reducing the cost of capital14 and broadening the tax base to eliminate tax-induced economic distortions by eliminating special-interest tax credits, deductions, and exclusions. Tax compliance costs will decline precipitously if the tax system is substantially simplified.15 The Treasury Department should also promote tax competition rather than supporting an international tax cartel. Principles of Good Tax Policy. These are the principles governing good tax policy. l First, the tax system should raise the revenue necessary to fund a limited government for constitutionally appropriate activities. It should raise this revenue such that it: (a) applies the least economically destructive forms of — 696 — Mandate for Leadership: The Conservative Promise taxation;16 (b) has low tax rates on a broad, neutral tax base; (c) minimizes interference with the operation of the free market and free enterprise; and (d) minimizes the cost to taxpayers of compliance with and administration of the tax system. l Second, the tax system should minimize its adverse impact on the family and the core institutions of civil society. l Third, the tax system should be applied consistently—with special privileges for none—and respect taxpayer due process and privacy rights. The current tax system is inconsistent with these principles and needs to be reformed to promote prosperity, reduce compliance costs, and improve fairness. The incoming Administration should promote immediate intermediate reforms to the existing system. It should then pursue fundamental tax reform. Intermediate Tax Reform. The Treasury should work with Congress to sim- plify the tax code by enacting a simple two-rate individual tax system of 15 percent and 30 percent that eliminates most deductions, credits and exclusions. The 30 percent bracket should begin at or near the Social Security wage base to ensure the combined income and payroll tax structure acts as a nearly flat tax on wage income beyond the standard deduction. The corporate income tax rate should be reduced to 18 percent. The corporate income tax is the most damaging tax in the U.S. tax system, and its primary economic burden falls on workers because capital is more mobile than labor.17 Capital gains and qualified dividends should be taxed at 15 percent. Thus, the combined corporate income tax combined with the capital gains or qualified dividends tax rate would be roughly equal to the top individual income tax rate.18 The system should allow immediate expensing for capital expenditures and index capital gains taxes for inflation. In addition, intermediate tax reform should repeal all tax increases that were passed as part of the Inflation Reduction Act,19 including the book minimum tax, the stock buyback excise tax, the coal excise tax, the reinstated Superfund tax, and excise taxes on drug manufacturers to compel them to comply with Medicare price controls. The next Administration should also push for legislation to fully repeal recently passed subsidies in the tax code, including the dozens of credits and tax breaks for green energy companies in Subtitle D of the Inflation Reduction Act.20 Universal Savings Accounts. All taxpayers should be allowed to contribute up to $15,000 (adjusted for inflation) of post-tax earnings into Universal Savings Accounts (USAs). The tax treatment of these accounts would be comparable to Roth IRAs. USAs should be highly flexible to allow Americans to save and invest as they see fit, including, for example, investments in a closely held business. Gains from investments in USAs would be non-taxable and could be withdrawn at any

22

Weak
Vector: 55%
Pages: 727-729AI Enhanced

AI Analysis:

"The bill focuses on minting commemorative 9/11 coins to honor victims and support a memorial, which shares only a tangential connection to the Treasury Department and the broader 9/11 context of the TFI mission, but does not address disrupting terrorist financing or implementing sanctions."

Key themes:Treasury Department9/11commemorative coinagehomeland security

— 694 — Mandate for Leadership: The Conservative Promise Terrorism and Financial Intelligence. Terrorism and Financial Intelligence (TFI) was created in 2004 as part of the larger reorganization of the U.S. government to promote homeland security following the 9/11 terrorist attacks. TFI is charged with the mission of disrupting international financial support for terrorists, weapons of mass destruction proliferation, narcotics trafficking, money laundering, and other national security threats. It is also responsible for implementing and enforcing economic sanctions programs and supporting the wider law enforcement commu- nity in investigating financial crimes. It is led by the Under Secretary for Terrorism and Financial Intelligence. International Affairs protects and supports U.S. economic prosperity and national security by working to foster the most favorable external environment for sustained employment and economic growth in the United States. The most crucial functions of the Office of International Affairs relate to managing the U.S.–China Strategic Dialogue; representing U.S. interests in the World Bank, International Monetary Fund (IMF) and other multilateral development banks; and overseeing the Committee on Foreign Investment in the U.S. (CFIUS). It is led by the Under Secretary for International Affairs. Tax Policy formulates and develops tax policies and programs and works with Congress to get them passed into law. It reviews and issues regulations drafted by attorneys from the IRS’s Office of Chief Counsel to administer the Internal Reve- nue Code, negotiates tax information exchange agreements with the tax authorities of foreign governments, participates in international tax organizations, and pro- vides economic and legal policy analysis for domestic and international tax policy decisions. This office also provides revenue estimates for the President’s budget. It is led by the Assistant Secretary for Tax Policy. Economic Policy reports on current and prospective economic developments and assists in the determination of appropriate economic policies. This office is responsible for the review and analysis of domestic economic issues and develop- ments in financial markets. The Treasurer of the United States is a statutory office that has been assigned varying duties in recent Administrations. In addition to performing public out- reach, treasurers have at times headed Treasury’s financial education program and overseen the U.S. Mint and Bureau of Engraving and Printing. Four Inspectors General provide independent audits, investigations, and over- sight of Treasury and its programs: The Office of the Inspector General of the Department of Treasury; Treasury Inspector General for Tax Administration; Special Inspector General for the Troubled Asset Relief Program; and the Special Inspector General for Pandemic Recovery. Treasury Bureaus. Seven Treasury Department bureaus comprise 98 percent of the Treasury work force and are responsible for carrying out specific operations assigned to the department.

Showing 3 of 5 policy matches

About These Correlations

Policy matches are calculated using a hybrid approach: initial candidates are found using semantic similarity between bill summaries and Project 2025 policy text, then an AI model (Llama 3.1 70B) provides detailed alignment ratings and analysis. Ratings range from 1 (minimal alignment) to 5 (very strong alignment). This analysis does not imply direct causation or intent.

Full Policy Text

Related Bills