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On Monday, White House press secretary Jen Psaki was asked if the coin was being considered as the debt crisis debate heated up and she shot down the idea.

\"We obviously look at a range of options, and none of those options were viable, either because they wouldn’t be accepted by the Federal Reserve, by the guidance of our treasury secretary, or just by legal restrictions,\" Psaki said.

Psaki, like Yellen, said that the only solution is for Congress to act.

\"There’s a simple process that could be done in the next few days, before we hit Friday, to reduce uncertainty, to make sure the American people don’t have to worry about their bank accounts, their retirement savings,\" Psaki said. \"And all Republicans need to do is get out of the way, let Democrats be the adults in the room, and take a vote.\"

Trish Turner and Sarah Kolinovsky contributed to this report.

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