The Treasury Department is readying a $250 note featuring President Donald Trump’s portrait in celebration of the nation’s 250th anniversary. However, this plan hinges on Congress amending federal law, which currently prohibits living individuals from appearing on U.S. currency.
“It’s all up on Capitol Hill. At Treasury, we prepare things in advance. So we have prepared, in advance, that if the legislation is passed, but we will stick to the law,” stated Treasury Secretary Scott Bessent.
If successful, this initiative would mark the first instance of Trump’s face appearing on $250 paper currency, should lawmakers manage to alter the existing law. Democratic legislators are vocal in criticizing the proposal amidst their ongoing opposition to Trump and the Republican Party.
“In response to active legislation sponsored by Representative Joe Wilson, the Bureau of Engraving and Printing (BEP) is conducting appropriate planning and due diligence. Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note, which will appropriately recognize the 250th Anniversary of our great nation,” a Treasury spokesperson conveyed to Fox News Digital.
The Treasury also affirmed its readiness to imprint Trump’s signature on the note if Congress greenlights the proposal. A spokesperson highlighted ongoing preparations for this eventuality.
Republican South Carolina Representative Joe Wilson, a staunch Trump advocate, introduced the bill in February 2025. The timing aligns with America’s birthday in July and serves as a critique of the Biden administration’s economic policies. After its introduction, the bill was assigned to the House Financial Services Committee, where it remains.
The Federal Reserve currently issues seven denominations: $1, $2, $5, $10, $20, $50, and $100. In January, Kentucky Republican Representative Andy Barr shared an image of the proposed bill on X, displaying red, white, and blue hues behind Trump’s image.
Treasury Secretary Bessent remarked on the currency’s two existing mandates: no living person can appear on it, and it must display “In God we trust.” He reiterated at a White House press briefing that Treasury’s preparations were dependent on legislative changes.
Democrats quickly opposed the proposal on social media. Former Secretary of State Hillary Clinton commented on X, “By the end of Trump’s term, it’ll be just enough to buy one gallon of gas and a carton of eggs.” Democratic Minority Leader Hakeem Jeffries wrote, “Hard No on a Trump $250 bill. Get over yourself. The upcoming July 4 anniversary is not about a wannabe King. It’s about celebrating the American journey.”
Virginia Senator Mark Warner critiqued the proposal, suggesting Trump should focus more on reducing costs for working families rather than on egoistic endeavors like a new $250 bill.
The Democratic National Committee posted various criticisms on X, including “House Republicans’ priorities: ❌ End Trump’s war in Iran ✅ Create a ‘Trump Peace Prize’ ❌ Lower costs for families ✅ Make a new $250 bill with Trump’s face on it ❌ Reign in Trump’s masked ICE agents ✅ Carve Trump’s face on Mt. Rushmore.”
Previously, Treasury announced that Trump’s signature would feature on future U.S. paper currency beside Secretary Bessent’s signature in honor of the nation’s 250th anniversary.
Ashley J. DiMella covers politics for Fox News Digital.

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