đź’µ Trump on the $250 Bill? New Legislation Sparks Debate Over Currency Tradition
Meta Description: A new bill proposes placing President Donald Trump’s image on a $250 U.S. currency note, challenging longstanding laws against featuring living individuals on money.
Published: May 14, 2025
In a move stirring both support and controversy, Republican lawmakers have introduced the “Donald J. Trump $250 Bill Act,” aiming to create a new $250 denomination featuring President Trump’s likeness.https://www.fox10tv.com+3https://www.foxcarolina.com+3Facebook+3
🏛️ The Proposal
Introduced by Rep. Joe Wilson (R-SC), the bill directs the Bureau of Engraving and Printing to design and issue a $250 bill bearing Trump’s image. The initiative coincides with the upcoming 250th anniversary of the Declaration of Independence in 2026. To proceed, the bill seeks to repeal an 1866 law prohibiting living individuals from appearing on U.S. currency—a law enacted after a Treasury official placed his own portrait on currency.https://www.foxcarolina.com+1https://www.fox10tv.com+1The Fulcrum
đź“ś Historical Context
Currently, U.S. paper currency features seven prominent Americans, all deceased: George Washington ($1), Thomas Jefferson ($2), Abraham Lincoln ($5), Alexander Hamilton ($10), Andrew Jackson ($20), Ulysses S. Grant ($50), and Benjamin Franklin ($100). The last change occurred in 1928 when Andrew Jackson replaced Grover Cleveland on the $20 bill. The proposed legislation would mark a significant departure from this tradition. The FulcrumPolitico
🗣️ Support and Opposition
Supporters argue that President Trump’s efforts to bolster the economy and national security warrant such recognition.Rep. Wilson stated, “President Trump is working tirelessly to fight inflation and help American families. This achievement is deserving of currency recognition.” The Fulcrum
Critics, however, contend that featuring a living president on currency sets a concerning precedent. Historians emphasize the importance of historical reflection before bestowing such honors. Princeton Professor Sean Wilentz remarked, “This is exactly what the American Revolution was fought to prevent.” Politico
🔍 What’s Next?
The bill currently awaits consideration by the House Financial Services Committee. With no companion bill in the Senate, its future remains uncertain. The proposal has ignited discussions about the intersection of politics, tradition, and the symbols that represent the nation.
