Sponsors (17)
The bill would allow honoring living, non‑presidential Americans on currency—potentially boosting recognition and collector interest—while creating modest costs and a meaningful risk of politicizing and undermining the neutrality of U.S. money.
Members of the public could see more living, non‑presidential Americans honored on currency, increasing formal recognition opportunities for artists, scientists, and civic leaders.
Collectors and the public could benefit from updated currency designs (including living figures), which may boost public interest and numismatic sales.
Taxpayers (and the Treasury) could incur modest costs for redesigning and producing new currency and related public education or collector editions.
The general public and taxpayers could face increased politicization and erosion of the perceived political neutrality of U.S. currency, prompting controversy, public debate, and potential loss of trust.
Based on analysis of 4 sections of legislative text.
Creates a $250 Federal Reserve note with Donald J. Trump's portrait, allows living non-presidents on currency while continuing to bar current/former Presidents, and directs printing to begin within one year.
Directs the Treasury to issue a new $250 Federal Reserve note bearing a portrait of Donald J. Trump and changes statute to allow living non-presidents to appear on U.S. currency while keeping current and former Presidents excluded. It also includes a non-binding congressional view recommending $250 Trump bills to commemorate the semiquincentennial and sets a one-year deadline for the Treasury to begin printing the new denomination after enactment.
Official title: To amend the Federal Reserve Act to require the Secretary of the Treasury to print $250 Federal reserve notes featuring a portrait of Donald J. Trump, and for other purposes.
Introduced February 27, 2025 by Joe Wilson · Last progress February 27, 2025