Put a revolution-era woman on the $250 bill
Summary
President Donald Trump wants to create a new $250 bill with his picture to mark the nation’s 250th anniversary. However, current law does not allow money to show living people, so Congress must approve a new law to make this possible.Key Facts
- President Trump wants a $250 bill for the 250th anniversary of the United States.
- He wants his picture to be on the new bill.
- Current federal law forbids printing money with living people on it.
- To have this bill made, Congress must pass a new law.
- The $250 bill would be a special commemorative note, not a regular currency.
- Changing money laws involves both the legislative branch and the Treasury Department.
- Commemorative bills are rare and usually created to celebrate important events.
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