Trump’s face on a $250 bill? US Treasury push for first banknote featuring living president
Summary
President Donald Trump's team is working to have his face placed on a new $250 bill to celebrate the United States’ 250th anniversary. This would be the first time in over 150 years that a living person appears on U.S. currency, but federal law currently forbids this.Key Facts
- Trump’s team is pushing for a $250 bill featuring his face for the U.S. 250th anniversary.
- U.S. law since 1866 says only deceased people can appear on paper money.
- The Trump administration drafted a bill to allow a living president on currency, but it has not yet been passed by Congress.
- Treasury Secretary Scott Bessent said the decision is in the hands of lawmakers and sees no issue with it.
- The idea has received a lot of negative reactions from the public online.
- Historically, even George Washington chose not to appear on money while alive to avoid seeming like a monarch.
- Earlier plans include putting Trump’s face on a $1 coin and printing his signature on future paper money for the anniversary.
- Commemorative passports for the anniversary will also feature Trump’s portrait and signature in gold.
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