Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
The Treasury Department is preparing to issue a $250 bill featuring Donald Trump's portrait for the nation's 250th anniversary, contingent on a change in federal law. Currently, U.S. currency prohibits living individuals from appearing on bills, which has drawn opposition from Democratic lawmakers. The proposal was introduced by Republican Rep. Joe Wilson as a response to the Biden administration's policies.
- ▪The $250 bill will only be produced if Congress changes the law barring living people from U.S. currency.
- ▪Treasury Secretary Scott Bessent confirmed that preparations are underway should the legislation pass.
- ▪The proposal has faced criticism from Democratic lawmakers who oppose Trump and the GOP.
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Donald Trump Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality Bureau of Engraving and Printing says it is 'moving proactively' should the legislative mandate be signed into law By Ashley J. DiMella Fox News Published May 30, 2026 8:00am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Treasury Secretary Scott Bessent responds to Trump $250 bill idea Fox News senior White House correspondent Peter Doocy speaks to Treasury Secretary Scott Bessent at press briefing.
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