Treasury Secretary Scott Bessent said the Treasury Department has prepared the design for a $250 bill featuring President Donald Trump. Authorization for the new currency would require action by lawmakers in Congress. Bessent said the department created the bill because it must be prepared if legislation passes. He said the president does not unilaterally decide the matter, and that the House and Senate must authorize it through legislation. A bill introduced by Representative Joe Wilson would direct the Bureau of Engraving and Printing to put Trump’s face on the new denomination to mark the 250th anniversary of the nation’s founding. A Treasury spokeswoman said the agency conducted planning and due diligence to implement a potential mandate to produce a $250 commemorative note recognizing the anniversary.
"Treasury Secretary Scott Bessent said Thursday that his department has prepared the design for a $250 bill featuring President Donald Trump, anticipating the passage of stalled legislation in Congress to put the president on a new denomination of legal tender."
"Bessent said at the White House that authorizing the new currency will be up to lawmakers on Capitol Hill, but that "we've created the bill" because "we have to be prepared." The secretary downplayed the idea that the administration is pushing the matter, despite Trump's penchant for infusing his name and likeness across the nation's capital and into the observances of the 250th anniversary of the Declaration of Independence."
""The president doesn't do it; the House and the Senate have to do it," Bessent said at the White House, referring to legislation, introduced by Representative Joe Wilson, R-S.C., that would direct the Treasury Department's Bureau of Engraving and Printing to put Trump's face on the new bill to mark the 250th anniversary of the nation's founding."
"A Treasury Department spokeswoman said the agency has carried out "appropriate planning and due diligence" to implement a potential congressional mandate "to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation." The spokeswoman did not mention Trump."
#us-currency #congressional-legislation #presidential-branding #independence-day-anniversary #treasury-department
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