Trump's Image May Feature on Proposed $250 Bill
Select a version of the text written from a presumed ideological perspective. This is not the original text, but a hypothetical version — how someone with that viewpoint might have phrased it. Tapping the current version again will return to the original or select cleaned version.
The Treasury Department is preparing for the potential release of a $250 bill featuring President Trump's likeness, pending congressional approval of legislation to change current laws regarding living presidents on currency.
The Treasury Department is exploring the possibility of issuing a $250 bill that would feature President Trump's face, commemorating the 250th anniversary of the United States. Current law prohibits the depiction of living presidents on currency; however, Treasury Secretary Scott Bessent indicated that preparations are underway should Congress pass the necessary legislation.
Bessent stated, "It's all in the hands of… Capitol Hill," and emphasized that the department is adhering to existing laws while being ready for any changes. He remarked that having the president whose administration coincides with the nation’s 250th anniversary appear on the bill would not be considered inappropriate.
The proposal for the commemorative bill was initially suggested by GOP Representative Joe Wilson of South Carolina, though the draft legislation has yet to be formally considered. Reports indicate that the initiative to create a $250 note began with two political appointees in the Trump administration, who created mock-ups of the bill.
If Congress approves the bill, Trump would become the first living individual to appear on U.S. currency since 1866. This follows earlier decisions by the Treasury Department to include Trump's signature on all new printed money, marking a departure from tradition. Additionally, plans for other commemorative items featuring Trump's image, such as a new passport and coin, are under discussion as part of the upcoming national celebration.