Treasury Secretary Scott Bessent revealed that the Treasury Department has already prepared a design for a proposed $250 bill featuring President Donald Trump, should Congress approve legislation authorising the new denomination. Speaking at the White House, Bessent said the final decision rests with lawmakers on Capitol Hill, but stressed that the Treasury has to be prepared if the proposal moves forward. He also pushed back against criticism of the idea, arguing there is nothing inappropriate about Trump’s image being associated with celebrations surrounding America’s 250th anniversary.

Printing currency with a living person’s face on it is not currently authorized by U.S. law and must be approved by Congress.

No living person has appeared on our currency since 1866, when it became illegal.

Under federal law, only deceased people can appear on currency

America may soon see a USD 250 currency note with President Donald Trump's portrait. This move requires a new law from Congress. Officials are preparing designs for the note.…

The Trump administration is exploring plans for a commemorative USD 250 bill featuring President Donald Trump, a move that would require Congress to overturn a long-standing…