Treasury Department to Feature President Trump's Signature on U.S. Paper Currency
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Treasury Department to Feature President Trump's Signature on U.S. Paper Currency

Résumé

The Treasury Department announces plans to include President Donald Trump's signature on new U.S. paper currency, marking the first time a sitting president's signature will appear on American banknotes.

The Treasury Department has announced plans to include President Donald Trump's signature on new U.S. paper currency, marking the first time a sitting president's signature will appear on American banknotes. This initiative is part of the commemoration of the 250th anniversary of U.S. independence.

Treasury Secretary Scott Bessent stated, "There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name." The new currency will feature President Trump's signature alongside that of Secretary Bessent, with the rollout expected later this year.

Traditionally, U.S. paper currency has carried the signatures of Treasury officials, such as the Treasury Secretary and the U.S. Treasurer. U.S. Treasurer Brandon Beach commented that adding the president's signature "is not only appropriate, but also well deserved."

This announcement follows the recent approval of a design for a 24-karat gold commemorative coin featuring President Trump's likeness, also intended to mark America's 250th birthday on July 4. Additionally, federal officials have proposed the idea of a $1 coin featuring President Trump's image.

The inclusion of a sitting president's signature on currency is unprecedented. Historically, U.S. paper currency has featured the signatures of the Treasury Secretary and the U.S. Treasurer. For example, in 2006, Treasury Secretary Henry M. Paulson Jr. and U.S. Treasurer Anna Escobedo Cabral provided their signatures for use on U.S. paper currency.

The Treasury Department has not released further details about the design or the specific denominations that will feature the president's signature. The initiative is part of a broader effort to commemorate the nation's semiquincentennial and honor the current administration's contributions.

Source

CBS News

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