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White House pushes Congress to approve $250 bill with Trump’s image

Key Points

The White House is advocating for Congress to approve a new $250 banknote featuring Donald Trump's portrait. Treasury Secretary Scott Bessent stated the bill would commemorate the US's 250th anniversary, though this would necessitate amending existing federal law. Democrats have vowed to oppose the proposed move.

Treasury secretary says banknote would celebrate US’s 250th anniversary but Democrats vow to block move

The White House is pushing Congress to approve a $250 bill bearing Donald Trump’s portrait, US treasury secretary Scott Bessent said, which would require changing longstanding federal law that prohibits any living person from appearing on US currency.

Speaking from the White House at a news conference, Bessent said the bill would be in celebration of the country’s 250th anniversary of independence, and that the treasury has already started preparing for the possibility of the new currency.

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Originally published by The Guardian World Read original →