Treasury Secretary Discusses Proposed $250 Bill Featuring Trump

<p>Treasury Secretary Scott Bessent addressed speculation regarding a proposed $250 bill featuring President Donald Trump during a White House press briefing on May 28, 2026. He stated that any decision would ultimately be up to Congress, while confirming that the Treasury Department is preparing for the possibility if legislation is passed.</p><p>Bessent noted that current U.S. currency regulations prohibit living individuals from appearing on currency. He mentioned that proposed legislation in Congress aims to change this rule to allow Trump’s image on the new bill.</p><p>“So right now, there is proposed legislation from the House, in front of the Senate, to change the first requirement, so that a living person, Donald J. Trump, could be on the $250 bill,” Bessent said.</p><p>He also indicated that the Treasury has begun preparations in case the legislation becomes law. Bessent emphasized that the proposal is not initiated by Trump but is a congressional matter.</p><p>During the briefing, Bessent responded to questions about the political implications of placing Trump on currency, linking the proposal to the upcoming 250th anniversary of the United States in 2026. He stated, “I don’t think that there’s anything untoward about having the President of the United States — the person who was President of the United States on the 250th anniversary bill.”</p>