Bessent: ‘President Trump should be on’ $250 bill
Scott Bessent said Treasury has prepared the note, but Congress must still approve a law that would let a living president appear on 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.
26 Articles
26 Articles
The U.S. president wants to print a bank note to his effigy, worth 250 dollars, to celebrate the 250 years of US independence. - U.S.A.: a $250 note to Donald Trump's effigy, a really credible idea? (International).
derwesten.de
thueringen24.deUS President Donald Trump had a special purpose: to perpetuate himself in an unusual way, but the plan didn't work out.
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.
Fact or Fiction: $250 bill with Trump's face on it in the works?
(KGTV) A story youve likely heard claims a $250 bill with President Trump's face is in the works.That's true, but it's far from a done deal.The Treasury Secretary confirms his agency already has a design for the bill.But under current law, no living president can appear on currency.So it will be up to Congress to pass legislation to make an exception and Trump's allies have already introduced legislation to do that.It's not clear though if it ha…
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