"The U.S. Treasury Department plans to put President Donald Trump's signature on all new U.S. paper currency, marking a historic first for a sitting president. Traditionally, U.S. paper currency carries the signatures of the Treasury Secretary and the Treasurer, not the president."
"Treasury Secretary Scott Bessent stated that 'there is no more powerful way to recognize the historic achievements of our great country' than with U.S. dollar bills bearing Trump's name."
"Michael Bordo, director of the Center for Monetary and Financial History at Rutgers, mentioned that the move will undoubtedly come with political pushback, but he is uncertain if any legal red lines have been crossed."
The U.S. Treasury Department announced that President Trump's signature will be included on all new U.S. paper currency, marking a historic first. Traditionally, only the Treasury Secretary and Treasurer's signatures appear on currency. This decision coincides with efforts to feature Trump's likeness on a commemorative coin for America's 250th birthday. Treasury Secretary Scott Bessent supports the move, stating it honors the nation's achievements. Critics note potential legal issues, as federal law typically prohibits living presidents' depictions on currency, but the Treasury Secretary may have the authority to decide on signatures.
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