Sponsors
The bill provides a symbolic, permanent honor for Rep. Charles B. Rangel and lets the public buy cost-covered duplicates while relying on Mint funds rather than new appropriations — offering recognition with limited fiscal impact but creating modest costs, administrative burdens, and questions about fund transparency and centralized control.
Taxpayers are unlikely to face a new appropriation because the U.S. Mint may charge its Public Enterprise Fund for production costs and retain sales revenue, reducing pressure on the annual budget.
Charles B. Rangel and his family are honored with a Congressional Gold Medal that creates a permanent public recognition and legacy.
Members of the public and collectors can buy bronze duplicate medals (priced to cover production) so the commemoration is accessible beyond the immediate honoree and family.
Allowing the Mint to use and retain funds in its Public Enterprise Fund for medal production and sales can reduce congressional oversight and transparency and may divert Mint resources from other projects.
Producing, marketing, and administratively managing the gold medal and duplicate sales imposes modest federal costs and administrative burdens on Treasury/Mint staff, creating small taxpayer expense and added work for federal employees.
Sales of duplicates are set to cover costs but are not intended to raise funds for related programs; if sales are weak the Mint may absorb costs or raise prices, which could reduce collector access or government receipts.
Based on analysis of 6 sections of legislative text.
Introduced June 10, 2025 by Charles Ellis Schumer · Last progress June 10, 2025
Authorizes Congress to award a posthumous Congressional Gold Medal to Charles B. Rangel, directs the U.S. Mint to strike a suitably designed gold medal and to produce bronze duplicates for sale, and requires sale proceeds to be deposited into the U.S. Mint Public Enterprise Fund. The medal is to be presented on behalf of Congress and the gold medal given to Rangel’s children; duplicate sales must cover production costs and medals are designated as national numismatic items.