The Treasury Division is contemplating issuing a $250 invoice that includes President Trump, although any such banknote would require a change in federal legislation, an company official advised CBS Information.
The invoice’s improvement, first reported by the Washington Submit on Thursday, is available in response to laws proposed final yr by Rep. Joe Wilson, a Republican from South Carolina, the division mentioned.
Treasury Secretary Scott Bessent addressed the $250 invoice at a White Home press briefing on Thursday.
“For U.S. foreign money at current, no residing individual may be on U.S. foreign money, and the foreign money should say ‘In God We Belief’,” he mentioned. “So proper now, there may be proposed laws that’s in entrance of the Home, in entrance of the Senate, to alter the primary requirement so {that a} residing individual, Donald J. Trump, could possibly be on the $250 invoice.”
“So we have now ready prematurely that if the laws is handed. However we are going to follow the legislation,” Bessent added.
Reuters/Evan Vucci
A Treasury Division official advised CBS Information in an electronic mail that the Bureau of Engraving and Printing (BEP) is “conducting acceptable planning and due diligence in response to the proposed laws.”
The official added, “Ought to this legislative mandate be signed into legislation, the BEP is shifting proactively to supply a $250 commemorative observe which is able to appropriately acknowledge the 250th Anniversary of our nice nation.”
Federal legislation stipulates that “solely the portrait of a deceased particular person could seem on United States foreign money and securities.” Wilson’s invoice would amend the Federal Reserve Act by requiring the Treasury secretary to print $250 payments that “characteristic a portrait of Donald J. Trump.”
After the “Donald J. Trump $250 Invoice Act” was launched in Congress in February 2025, it was referred to the Home Committee on Monetary Providers that very same day. It has since stalled out, with no actions since then.
Over the previous yr, the president has sought to imprint extra types of foreign money together with his title or picture, with the Treasury asserting in March that future foreign money would bear Mr. Trump’s signature. In October, the division mentioned it was engaged on a $1 coin that includes the president’s picture to mark the 250th anniversary of U.S. independence this July 4.
What would the invoice seem like?
Requested in regards to the invoice’s design, the Treasury Division official referred CBS Information to Rep. Wilson’s laws. A press launch on Wilson’s web site reveals an AI design mock-up that incorporates a colour portrait of Mr. Trump on the left-hand facet of a $250 observe.
https://joewilson.home.gov
One other model appeared within the Washington Submit article, with the publication noting the picture was a mockup offered by White Home officers to the Bureau of Engraving and Printing employees. The picture depicts a invoice printed in shades of inexperienced ink, much like present banknotes, with a middle picture of Mr. Trump.
New foreign money designs can take years to develop, in accordance to the Bureau of Engraving and Printing. Designs usually are solely launched to the general public six to eight months earlier than the foreign money enters circulation to hamper counterfeiters, the bureau says.
Provided that design course of, the Treasury Division official mentioned that “any ‘designs’ or ‘mockups’ circulating should not actual.”
The $250 invoice can be the newest addition to a lineup of foreign money created to have fun the nation’s 250th anniversary. In December 2025, the Treasury Division unveiled a collection of recent designs for the nickel, dime, quarter and half greenback that can seem on cash minted in 2026.
“The designs on these historic cash depict the story of America’s journey towards a ‘extra good union,’ and have fun America’s defining beliefs of liberty,” the U.S. Mint mentioned on its web site.
