White House pushes Congress to approve banknote featuring Donald Trump

A push is underway in the U.S. Congress to place former President Donald Trump's image on a proposed $250 banknote, a move that would break a 150-year democratic tradition. This initiative is reportedly being driven by Republican lawmakers.

Treasury Secretary Scott Bessent showcased a design for the potential bill during a press conference at the White House. The proposed $250 denomination features Trump's portrait, marking a significant departure from the established norm of not featuring sitting presidents or recent commanders-in-chief on U.S. currency.

For over a century, U.S. banknotes have honored historical figures, presidents no longer in office, and significant national symbols. The tradition has largely avoided placing contemporary political figures on currency, maintaining a degree of separation between political office and monetary design. This proposed change signifies a potential shift in that long-held practice.