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Trump aims to be the first living President on a US banknote. Treasury Secretary seeks to change law

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Treasury Secretary Scott Bessent says draft designs are ready for a proposed $250 Trump banknote, but Congress must first overturn a century-old ban on living people appearing on U.S. currency. ( Source: White House )

Trump could become the first living person to appear on a U.S. banknote in more than a century under plans for a new $250 bill celebrating America’s 250th anniversary. Draft designs are complete, his signature would feature, but Congress must change the law.

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Summary

The Trump administration is laying the groundwork for a historic break with U.S. currency tradition, with Treasury Secretary Scott Bessent confirming that draft designs have already been prepared for a proposed $250 banknote bearing President Donald Trump’s portrait and signature to mark America’s 250th anniversary in 2026.

U.S. Treasury Secretary Scott Bessent has confirmed preparations for a proposed $250 banknote featuring President Donald Trump. The note is being developed for the 250th anniversary of American independence in 2026. The proposal would place a sitting president on U.S. currency for the first time in generations.

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