Politics
Treasury Department prepares $250 bill with Trump’s face on itExBulletin
U.S. Treasury Secretary Scott Bessent presents a $250 bill representing President Donald Trump during a press briefing in the Brady Briefing Room of the White House in Washington, DC. KENT NISHIMURA/AFP via Getty Images .
switch caption KENT NISHIMURA/AFP via Getty Images
President Trump’s face may soon appear on a $250 bill as part of the Trump administration’s celebration of the country’s 250th anniversary.
The law currently states that no living president can appear on currency, but the administration is preparing for the possibility that Congress will pass legislation authorizing the special Trump bill.
“It’s all in the hands of the Capitol,” Treasury Secretary Scott Bessent said Thursday in the White House briefing room. “We have prepared things in advance… but we will respect the law.”
Bessent added that he didn’t think there was anything “untoward” about the president who was in office during the country’s 250th anniversary appearing on the bill.
Last year, Republican Rep. Joe Wilson of South Carolina proposed a bill that would require the Treasury to print $250 bills with Trump’s portrait, but the legislation has not yet passed.
The Washington Post reported that it was two Trump political appointees who began demanding that drafts of the new $250 bill be created, including simulating the president’s likeness. Bessent presented a draft of the Post article Thursday during a briefing with White House reporters.
If Congress changed the law, Trump would be the first living person to appear on currency since 1866.
The president has already made history when it comes to money. Earlier this year, the Treasury Department announced that Trump’s signature would appear on any new money printed — a difference from the signatures of the Treasury secretary and treasurer.
It’s part of a broader trend of Trump putting his mark on government buildings, institutions and other materials, some in an effort to commemorate America’s 250th birthday.
For example, it is possible to create a new commemorative passport with Trump’s face. And the commemorative coin. And the national parks pass.
In Washington, Trump’s face appears on a banner above the Justice Department. His name has been added to the Kennedy Center for the Performing Arts and the American Institute of Peace. His administration has also named policy initiatives — such as the Trump accounts — after the president, known in his business career for his prolific branding.
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