Treasury Prepares to Make Trump the Face of a New $250 Bill

Treasury Secretary Bessent backed the idea, which would require legislation allowing a living person to appear on currency.

1. Frame 1Treasury says it is preparing a $250 bill design with Trump on it, but Congress must first change U.S. currency law.
2. Frame 2Current law bars living people from U.S. banknotes; Bessent said Treasury would stick to that rule unless lawmakers change it.
3. Frame 3Rep. Joe Wilson introduced a bill directing Treasury to print $250 Federal Reserve notes with Trump's portrait.
4. Frame 4The bill has 15 Republican cosponsors and has been stuck in House Financial Services for more than a year.
5. Frame 5If the law changes, it would be the first living-person portrait on U.S. currency in more than 150 years.
6. Frame 6Next pressure point: Congress has to move the currency bill before the engraving plan can become money.