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White House pushes for Trump to be printed on $250 bills
🇨🇱 Chile /Economy & Trade

White House pushes for Trump to be printed on $250 bills

From Cooperativa · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • U.S. Treasury officials have reportedly urged the Bureau of Engraving and Printing to prepare designs for a new $250 bill featuring President Donald Trump.
  • Federal law prohibits living individuals from appearing on U.S. currency, a restriction in place since 1866.
  • The Treasury Department stated it is making necessary preparations should legislation allowing Trump's image on currency be approved by Congress.

U.S. government officials have pressed the agency responsible for printing money to develop a new $250 banknote bearing President Donald Trump's portrait, according to The Washington Post. At least four sources cited by the newspaper reported that Treasury officials Brandon Beach and Mike Brown repeatedly urged staff at the Bureau of Engraving and Printing to prepare bill prototypes.

everything is in the hands of Congress, everything is decided on Capitol Hill.

— Scott BessentThe Treasury Secretary commented on the legislative process required for featuring a living president on currency.

Employees consulted by The Washington Post expressed concern, as federal law permits only deceased individuals on banknotes. Since 1866, when the image of a mid-level Treasury official was prohibited on a five-cent note, no living person has appeared on U.S. currency. A bill introduced in Congress last year to feature Trump on a $250 note for the nation's 250th anniversary was never approved.

Treasury Secretary Scott Bessent addressed the issue, stating that "everything is in the hands of Congress, everything is decided on Capitol Hill." He outlined two mandates regarding U.S. currency: no living person can appear on it, and it must bear the inscription 'In God We Trust.' Bessent clarified that the Treasury Department is anticipating events and has made "the necessary preparations in case such legislation is passed," but affirmed they will adhere "strictly to the law."

That no living person can appear on the currency of the United States, and that the currency must bear the inscription 'In God We Trust'.

— Scott BessentThe Treasury Secretary stated the two mandates concerning U.S. currency.

The U.S. Department of the Treasury announced that by the end of this year, U.S. dollars will carry Trump's signature, making him the first sitting president whose signature appears on U.S. currency. Additionally, the State Department is preparing new passport designs to commemorate the country's 250th independence anniversary, including a limited edition featuring Trump's image, as reported by Fox News in late April.

the necessary preparations in case such legislation is passed, but we will adhere strictly to the law.

— Scott BessentThe Treasury Secretary explained the department's actions regarding potential legislative changes for currency design.
DistantNews Editorial

Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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