12/26/2023 0 Comments Racial progress u.s. mint![]() ![]() The proposal for the fines was to be published in the Federal Register this week for 30 days of public comments the Mint will consider before it implements the final rule. The public attention can cost millions of dollars in lost profits,” Fore said. The Supreme Court on Thursday dealt a major blow to affirmative action in higher education, striking down race-conscious admissions. Mint A new internal report found that Black employees felt marginalized at the Treasury agency that produces the nation’s coins. “It is not just the fines that can hurt a company. Racial Turmoil Mars Signs of Progress at the U.S. They said they hoped publicity over the government’s efforts to recover civil penalties would discourage coin dealers from placing deceptive ads. Mint officials said the amount of the fines depends on how large an ad campaign a company runs. ![]() The fines would be aimed at halting deceptive advertising that implies that the coins being offered for sale have been endorsed by the government. The Mint is seeking authorization to impose civil fines of $5,000 for each print advertisement and $25,000 for each broadcast advertisement that misuses the name or emblems of the Mint or the Treasury Department. The Treasury Department said it has opened an investigation into allegations of racial harassment and discrimination raised by Black employees at the U.S. In another case, New York Attorney General Eliot Spitzer in October took legal action against a company that was selling what it claimed were commemorative coins minted from silver recovered at Ground Zero of the Sept. The coins were, in reality, just silver dollars that had been colorized, something that is not done by the Mint. Mint officials said that one business had been offering a “commemorative” coin to honor the astronauts who died in the Columbia Space Shuttle accident. “It is sad to think that customers, especially the elderly, will fall victim to deceptive advertising.” ![]() “Congress is the only group that can authorize a commemorative coin and the United States Mint is the only entity that can strike them,” Fore said. The problem, Fore said, is that the resurgence in coin collecting is also bringing out fraudulent operators. The popularity of coin collecting has soared in recent years as the Mint has offered new products such as the 50-state quarter series, which the Mint estimates 140 million Americans are collecting. parameter in each of the five parts of the organization also, as we progress. “We regard the problem as significant for new collectors, for the elderly and for those who are buying coins to give as gifts,” Mint Director Henrietta Holsman Fore said in an interview with The Associated Press. tell us about how organizations structure themselves. Mint officials said Tuesday they will seek authority to impose stiff fines on scam artists who are bilking the public by selling coins that have been painted or otherwise altered as official commemorative coins. Mint wants to crack down on unscrupulous coin dealers passing off fake commemorative coins. WASHINGTON – Concerned that all that glitters is not gold, the U.S. ![]()
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