Why $250 bills bearing Trump's face are a tough legal sell
Summary
Republican lawmakers want to create a new $250 bill with President Donald Trump's face to celebrate the United States’ 250th anniversary. However, federal law currently prohibits living people from appearing on U.S. currency, and there is no $250 bill denomination, so the proposal faces legal and legislative challenges.Key Facts
- A bill was introduced by Rep. Joe Wilson to require a $250 bill featuring President Trump’s portrait.
- U.S. law says only dead people can appear on paper money, meaning the bill would need new laws to be allowed.
- The Bureau of Engraving and Printing is planning and preparing for a commemorative note but won’t print it without congressional approval.
- The Treasury Department said President Trump’s signature will appear on paper currency for the 250th anniversary, the first time for a sitting president.
- U.S. Treasurer Brandon Beach supports the idea and asked for design mock-ups but acknowledges legal limits.
- The current law only recognizes standard denominations; $250 is not one of them.
- The bill has stalled in the House Committee on Financial Services and has shown little progress so far.
- Developing new currency designs usually takes several years of testing and approval.
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