A multipurpose bill named the Coin Modernization, Oversight, and Continuity Act of 2010 is set to become law following its House passage in September 22, 2010, and its approval in the Senate on November 30, 2010.
Once President Obama signs the coin modernization act into law as he is expected to do this week, the United States Mint will be granted new powers to [...]
Congressional members have been voting on a series of bills as they prepare to leave Washington and return to their home districts to focus full time on their re-elections.
One of the bills would authorize American Palladium Eagles. The other would authorize Proof American Eagles, giving them equal weight to bullion coins. Both were introduced in the U.S. House of Representatives on September 22, 2010. Each were voted on exactly one week later -- supersonic speed for coin legislation. They passed on Wednesday, September 29, 2010, and now await action in the U.S. Senate.