The United States Treasury Department has revealed that it is actively preparing preliminary technical drafts and visual mock-ups for a new $250 currency note featuring the portrait of President Donald Trump.
Speaking from the White House briefing room on Thursday, May 28, 2026, Treasury Secretary Scott Bessent clarified that while federal law strictly prohibits any living president from appearing on national currency, the administrative planners are laying groundwork in anticipation of special authorizing legislation currently circulating on Capitol Hill.
The initiative follows a legislative proposal introduced last year by GOP Representative Joe Wilson of South Carolina, which seeks to mandate the printing of the unique denomination to coincide with the country's upcoming 250th semi-quincentennial anniversary.
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Secretary Bessent defended the strategic preparations, stating there is nothing untoward about honoring a sitting president during such a monumental national milestone.
According to internal reports, the early design push was catalyzed by two Trump political appointees within the department who urged the creation of the president's engraved likeness.
If passed by Congress, this measure will mark the first time a living individual has been depicted on US legal tender since 1866.
This monetary development follows a separate administrative shift earlier this year where the Treasury Department announced that Trump's personal signature would uniquely grace all newly printed federal banknotes.
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