Sponsors
The bill provides clearer, narrower rules for which signatures appear on federal currency and securities—reducing administrative uncertainty for issuing agencies—but may raise costs and constrain executive flexibility for urgent or time-sensitive issuance decisions.
Federal Treasury and bureau of engraving/printing staff gain clearer statutory guidance limiting which signatures may appear on currency and securities, reducing administrative ambiguity for officials who manage issuance and printing.
Taxpayers and the federal budget could incur higher costs or delays if existing currency or securities must be redesigned or if additional printing runs and administrative changes are required to comply with the signature limits.
Federal executive-branch officials lose discretion over signature decisions, shifting authority toward Congress and potentially slowing emergency or time-sensitive issuance that would otherwise require quick administrative action or a legislative waiver.
Based on analysis of 1 section of legislative text.
Prohibits the issuance of any United States currency or securities that bear the signature of a person while that person is serving as President. Any exception to this ban may only occur if Congress passes a later law that explicitly names and authorizes the issuance and expressly waives the prohibition. The change replaces any administrative flexibility to permit a sitting President's signature on money or securities with a statutory rule requiring an explicit congressional waiver to allow such issuance.
Introduced April 2, 2026 by Jimmy Gomez · Last progress April 2, 2026