Treasury Secretary Says $250 Bill Design Prepared for Possible Legislation
Treasury Secretary Scott Bessent said the department prepared a mock-up of a $250 bill featuring President Trump's image. The design is ready if Congress passes legislation authorizing the new denomination.
New York PostTreasury Secretary Scott Bessent said the department prepared a mock-up of a $250 bill featuring President Trump's image and signature. The preparation is intended to allow quick production if Congress passes legislation authorizing the new denomination. Bessent told Fox News that the timing aligns with the country's 250th anniversary.
Current law prohibits placing the likeness of a living person on U.S. currency. Separate statutes limit official denominations to specific values that do not include $250. Bessent stated the mock-up was created in advance and would be used only if legislation passes.
He described the step as routine preparation rather than a final decision. The Treasury Department's Bureau of Engraving and Printing produced the design following internal direction last week. Bessent said the department would proceed with printing only after Congress acts.
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