Trump officials at the Treasury Department are pushing to create a new $250 bill with the president’s face on to mark the nation’s 250th anniversary, according to a report.
The mock-up of the proposed bill was obtained by The Washington Post and features President Donald Trump’s portrait in the center, along with the words “250 AMERICA.”
A similar design was shared by GOP Kentucky Rep. Andy Barr in January, who posted a picture of himself holding a giant mock-up of the $250 note with U.S. Treasurer Brandon Beach, one of the Trump appointees who has “repeatedly urged staff” at the Treasury’s Bureau of Engraving and Printing agency to press ahead with the bill, according to the Post.
Under federal law, only deceased people can appear on currency, and the last time a living person did was in 1866, when it was outlawed.
In a statement to the newspaper, a Treasury spokesperson said the printing agency “is conducting appropriate planning and due diligence” with the $250 bill.
“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,” the spokesperson added.
Former and current employees told the outlet that it can take six to eight years to produce a new bill, “particularly one of such high value.”
It follows plans to roll out gold coins bearing Trump’s likeness, which also likely won’t be ready in time for America’s 250th birthday.
More follows
