Treasury Department is weighing a $250 bill with Trump's image

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The Treasury Department is considering issuing a $250 measure featuring President Trump, though national instrumentality would person to alteration earlier specified a banknote could participate circulation, a section authoritative confirmed to CBS News connected Thursday.

The bill's development, archetypal reported by the Washington Post connected Thursday, comes successful effect to legislation projected past twelvemonth by Rep. Joe Wilson, a Republican from South Carolina, the section said.

Treasury Secretary Scott Bessent addressed the $250 measure astatine a White House property briefing connected Thursday.

"For U.S. currency astatine present, nary surviving idiosyncratic tin beryllium connected U.S. currency, and the currency indispensable accidental 'In God We Trust'," helium said. "So close now, determination is projected authorities that is successful beforehand of the House, successful beforehand of the Senate, to alteration the archetypal request truthful that a surviving person, Donald J. Trump, could beryllium connected the $250 bill."

"So we person prepared successful beforehand that if the authorities is passed. But we volition instrumentality to the law," Bessent added.

A Treasury Department authoritative told CBS News successful an email that the Bureau of Engraving and Printing (BEP) is "conducting due readying and owed diligence successful effect to the projected legislation.

The authoritative added, "Should this legislative mandate beryllium signed into law, the BEP is moving proactively to nutrient a $250 commemorative enactment which volition appropriately admit the 250th Anniversary of our large nation."

Federal law stipulates that "only the representation of a deceased idiosyncratic whitethorn look connected United States currency and securities." Wilson's measure would amend the Federal Reserve Act by requiring the Treasury caput to people $250 bills that "feature a representation of Donald J. Trump."

After the "Donald J. Trump $250 Bill Act" was introduced successful Congress successful February 2025, it was referred to the House Committee connected Financial Services that aforesaid day. It has since stalled out, with nary actions since then.

Over the past year, the president has sought to imprint much forms of currency with his sanction oregon image, with the Treasury announcing successful March that aboriginal currency would carnivore Mr. Trump's signature. In October, the section said it was working connected a $1 coin featuring the president's representation to people the 250th day of U.S. independency this July 4.

What would the measure look like?

Asked astir the bill's design, the Treasury Department authoritative referred CBS News to Rep. Wilson's legislation. A property merchandise connected the Wilson's website shows an AI plan mock-up that features a colour representation of Mr. Trump connected the left-hand broadside of a $250 note.

Another mentation appeared successful the Washington Post article, with the work noting the representation was a mockup provided by White House officials to the Bureau of Engraving and Printing staff. The representation depicts a measure printed successful shades of greenish ink, akin to existent banknotes, with a halfway representation of Mr. Trump.

New currency designs tin instrumentality years to develop, according to the Bureau of Engraving and Printing. Designs typically are lone released to the nationalist six to 8 months earlier the currency enters circulation to hamper counterfeiters, the bureau says.

Given that plan process, the Treasury Department authoritative said that "any 'designs' oregon 'mockups' circulating are not real."

The $250 measure would beryllium the latest summation to a lineup of currency created to observe the nation's 250th anniversary. In December 2025, the Treasury Department unveiled a bid of caller designs for the nickel, dime, 4th and fractional dollar that volition look connected coins minted successful 2026.

"The designs connected these historical coins picture the communicative of America's travel toward a 'more cleanable union,' and observe America's defining ideals of liberty," the U.S. Mint said connected its website.

Edited by Aimee Picchi

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