US government prepares to print $250 note featuring Trump's face
Summary
The US government is considering printing a new $250 bill to celebrate the country's 250th anniversary. The bill could feature President Donald Trump's portrait if Congress passes a law allowing it, as current rules forbid putting a living person's image on US money.Key Facts
- The $250 bill is meant to mark the 250th anniversary of the United States.
- Current federal law prohibits printing money with the image of a living person.
- A bill introduced in Congress would allow an exception for President Donald Trump’s image on the new note.
- The Bureau of Engraving and Printing is preparing designs in case the law passes.
- Treasury Secretary Scott Bessent said the Treasury will follow the law and is preparing for the new bill if approved.
- The $250 bill would be a new denomination not previously printed, as current law limits official bill amounts.
- Some lawmakers have criticized the plan, saying it distracts from economic issues facing Americans.
- The largest US bill now is $100; larger bills like $500 and $1,000 were discontinued in 1969 but remain legal.
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