Philip Diehl Appointed Chairman of Industry Council For Tangible Assets (ICTA)

Early July this year, U.S. Money Reserve won the bronze medal in the thirty-seventh Annual Telly Award for the piece codenamed ‘Philip Diehl IRA.’ This award highlighted the company’s 401k and IRA programs available for simplified employee health savings and pensions account.

Through the IRA program, individuals are allowed to transfer money into a precious metal IRA account with no tax details and penalties. As such, it is an excellent way for Americans to protect their financial future and wealth.

The award-winning spirit is yet to depart from US Money Reserve. Earlier this month, the President of U.S. Money Reserve was once again in the spotlight after the company’s Board of Directors appointed him as the new Chairman of the Industry Council for Tangible Assets (ICTA).

The former Director of U.S. Mint has been serving as the Vice Chair of ICTA prior to being unveiled as the chairman of the association. This council manages the paper money, rare coins, and the precious gold, silver, and platinum bullion communities. This is by fostering is a regulatory climate across all the 50 states and to provide a medium through which council members can consult, cooperate, discuss, and educate the government and other agencies to achieve solutions to typical complications affecting their businesses.

Crunchbase reports that the appointment of Diehl is mainly due to his supreme capabilities to lead and accomplish legislative efforts that ICTA has undertaken at a state level. For instance, Minnesota State had a statute that levied outrageous regulatory tariffs on numismatic and bullion customers and dealers.

Philip Diehl intervened, using his experience as a state regulator in Washington to design and implement communication and legislative strategies which the state’s legislature pass as a bill. This bill was later signed into law by Governor Mark Dayton. Read more: U.S. Money Reserve featured on EPN’s Enterprise Radio

During his appointment as the Chairman of the Council, Philip was honored to serve in the capacity, saying that his intention would be to move the council forward as the leading association for numismatic regulatory and legislative affairs. He will focus on increasing the council’s value to its increasing membership base and financial resources as well improve cooperation and communication between industrial organizations.

Philip Diehl is an accomplished leader, a consultant in the precious metal industry, a recognized expert analyst of the gold market, and philanthropist who believes in giving back to the society. He attended the Lubbock High School, earned a Bachelor of Arts Degree from Austin College, and a Post-graduate Degree in Political Science from Stanford University.