Treasury Department prepares for potential $250 bill featuring Trump, pending Congressional approval
By
Deepa Shivaram
2d ago· 3 min readenNews
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Summary
The Trump administration is preparing for the possibility of a $250 bill featuring President Trump's face to commemorate the 250th anniversary of the United States. Current law prohibits living presidents from appearing on currency, so the move requires Congressional legislation. Treasury Secretary Scott Bessent stated that preparations have been made but emphasized they will follow the law, leaving the decision to Capitol Hill.
Key quotes
· 2 pulledIt's all in the hands of… Capitol Hill
We prepared things in advance… but we will stick to the law
Congress needs to pass legislation in order for the bill's printing
