U.S. Treasurer Brandon Beach and his senior adviser requested prototypes of a $250 commemorative note even though related legislation has stalled in the House. The Treasury Department confirmed that the president’s signature will appear on the currency to mark the nation’s 250th anniversary, a first for a sitting president. In response to active legislation, the Bureau of Engraving and Printing said it was moving proactively to produce the commemorative note and conducting planning and due diligence. Rep. Joe Wilson introduced a bill requiring the $250 note to feature Trump’s portrait, but it has not advanced. Beach backed the proposal and offered to draft mock-ups, while acknowledging the legal restriction on living portraits and stating it is appropriate to honor the sitting president for the celebration.
"U.S. Treasurer Brandon Beach and his senior adviser requested prototypes of the $250 bill, despite the stalled legislation. The Treasury Department already announced that the president's signature will appear on paper currency to honor the nation's 250th, a first for a sitting president. A Treasury spokeswoman confirmed to Axios that in response to "active legislation," the Bureau of Engraving and Printing (BEP) was "moving proactively" to produce the "commemorative note" and "conducting appropriate planning and due diligence.""
"Rep. Joe Wilson (R-S.C.) introduced a bill last year that would require Treasury Secretary Scott Bessent to print $250 notes featuring Trump's portrait, but the proposal has stalled in the House Committee on Financial Services. A Republican committee aide told Axios the panel is talking with its members and senators about the idea. A spokesman for Wilson said the congressman had discussed moving the bill forward with the committee's chair multiple times and that both Bessent and Trump spoke with Wilson "about their support for this on multiple occasions.""
"Beach backed Wilson's proposal and offered to draft mock-ups of the proposed note, per a letter provided to Axios by the congressman's office. Beach acknowledged in the correspondence he was aware the law banned living people from appearing on U.S. currency but added that he believes it is "appropriate for us to honor the sitting President for the 250-year celebration." However, Beach "never asked staff to print the $250 note before congressional action occurs," the Treasury spokeswoman told Axios. "
"U.S. Code reads,"Only the portrait of a deceased individual may appear on United States currency and securities." After a then-living Treasury official, Spencer Clark, appeared on a note and caused "
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