Revision History

1 revisions for "The $250 Bill: Inside the Push to Put Trump on a New Denomination — and the Legal, Economic, and Political Obstacles in the Way"

Anonymous14 days ago

Treasury Secretary Scott Bessent confirmed on May 28, 2026, that his department has prepared a design for a $250 bill featuring President Donald Trump, contingent on passage of H.R. 1761, which would overturn an 1866 ban on living persons appearing on U.S. currency. The proposal faces legal hurdles, skepticism from currency economists who question the transactional need for a new denomination amid declining cash use, and criticism from law enforcement experts who warn that higher-denomination bills disproportionately serve illicit finance.