Bessent: ‘President Trump should be on’ $250 bill
Treasury says it has prepared the design as lawmakers consider a bill that would let a living president appear on U.S. currency.
- On Thursday, Treasury Secretary Scott Bessent announced his department has prepared the design for a $250 bill featuring President Donald Trump, awaiting stalled Congressional legislation to authorize the new legal tender for the nation's 250th anniversary.
- Current federal law prohibits living individuals from appearing on U.S. currency, requiring Congressional action to create an exception. "It's all up to Capitol Hill," Bessent said, emphasizing the department intends to follow existing statutes.
- Treasurer Brandon Beach, a Trump appointee, reportedly pressured the Bureau of Engraving and Printing to expedite the bill's design. The agency reassigned former BEP chief Patricia Solimene after she resisted, placing Michael Brown in charge on May 18.
- Expanding his personal brand, the administration previously streamlined approval for a commemorative 250th anniversary coin featuring Trump, while hanging banners depicting the president on federal buildings including the Department of Justice.
- Design specifications reportedly include Trump's signature, a feature differing from standard paper money. "We've created the bill," Bessent said, noting the department must be prepared should Congress authorize the mandate.
18 Articles
18 Articles
Breitbart Business Digest: Stacking Those $250 Trump Bills
This week the economy failed to get indigestion from the high price of gas, Treasury Secretary Scott Bessent told us about getting fed at the Fed, Trump put something new in the app stores, and everyone started dreaming about putting a couple of Donalds in their wallet.
Jeffries On Trump's Face On $250 Bill: "Hard No"
The Hill reports: House Minority Leader Hakeem Jeffries (D-N.Y.) slammed the reported push from Trump administration officials for the Bureau of Engraving and Printing to design a $250 bill with President Trump’s face on it. “Hard No on a Trump $250 bill,” Jeffries wrote on the social platform X. On Thursday, The Washington Post reported that U.S. Treasurer Brandon Beach and his senior adviser, Mike Brown, have urged staff at the bureau — housed…
The U.S. law does not allow for printing notes with the effigy of a living personality. But Donald Trump and his administration are pushing Congress to change a law that dates from 1866 to appear on the famous banknote.It is necessary to go back beyond 1866 in American history to find a banknote (5 cents) on which a living person appears. It was on that date that the U.S. Congress prohibited anyone living appearing on a banknote.Donald Trump doe…
Treasury planning ahead for proposed Trump $250 bill, Bessent says
WASHINGTON — Treasury Secretary Scott Bessent said Thursday that the Treasury Department has already prepared for a potential $250 bill featuring President Donald Trump, signaling the administration is planning ahead as lawmakers consider a proposal to place the president’s likeness on U.S. currency. During a White House briefing, Bessent was asked how long it would… The post Treasury planning ahead for proposed Trump $250 bill, Bessent says app…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
