Treasury Secretary Scott Bessent said Thursday his department has been working to create a $250 bill bearing President Donald Trump’s portrait, and he showed off a mockup ordered by U.S. Treasurer Brandon Beach. “At present, no living person can be on U.S. currency,” under a 1866 law, Bessent said during a press conference. “We will stick to the law” but “have prepared in advance” in case Congress passes “proposed legislation” authorizing the Trump banknote.
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