Trump Proposes New $250 Bill Featuring His Portrait for America's 250th Anniversary
Trump now wants to create a new $250 bill with his face on it: report
The Independent
Image: The Independent
Officials at the U.S. Treasury are considering a new $250 bill featuring President Donald Trump's portrait to commemorate the nation's 250th anniversary. However, federal law prohibits living individuals from appearing on currency, and the proposal faces significant logistical and legal hurdles.
- 01The proposed $250 bill features Trump's portrait and the words '250 AMERICA.'
- 02Federal law only allows deceased individuals to appear on U.S. currency, making this proposal legally questionable.
- 03Treasury officials have stated that the Bureau of Engraving and Printing is planning for the bill, pending legislative approval.
- 04Producing a new bill can take six to eight years, particularly for high-value denominations.
- 05The director of the Bureau of Engraving and Printing was reassigned after raising concerns about the feasibility of the project.
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Officials at the U.S. Treasury Department are reportedly advocating for the creation of a new $250 bill featuring President Donald Trump's portrait to celebrate the 250th anniversary of the United States. A mock-up of the proposed bill, which includes the phrase '250 AMERICA,' was shared by GOP Representative Andy Barr. However, under federal law, only deceased individuals can appear on currency, a rule that has not been circumvented since 1866. A Treasury spokesperson mentioned that the Bureau of Engraving and Printing (BEP) is conducting planning for the bill, contingent upon legislative approval. Former agency director Larry R. Felix noted that a $250 bill is not authorized without an act of Congress. Employees have expressed skepticism about the timeline, stating that producing a new bill typically takes six to eight years. The proposal has also led to administrative changes within the BEP, including the reassignment of its director, Patricia Solimene, after she communicated the challenges of moving forward with the project. Despite these hurdles, the idea reflects ongoing efforts to commemorate the upcoming anniversary.
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