Treasury plans to put Trump's signature on all new U.S. paper currency in break with tradition
PBS • • nation
Key Points:
- The U.S. Treasury Department announced plans to feature President Donald Trump's signature on all new U.S. paper currency, marking the first time a sitting president's signature will appear on paper money traditionally signed by the Treasury Secretary and Treasurer.
- This initiative coincides with efforts to place Trump's image on a commemorative 24-karat gold coin celebrating America's 250th birthday, despite federal laws prohibiting living presidents from being depicted on currency.
- Treasury Secretary Scott Bessent supports the move as a way to honor the nation's historic achievements, while experts note the decision may face political criticism but likely does not violate legal statutes.
- Democrats have criticized the timing of the announcement, linking it to rising living costs amid geopolitical tensions, with some viewing it as inappropriate during economic hardships faced by Americans.
- The decision is expected to make future bills featuring Trump's signature valuable as collector's items, reflecting a unique moment in U.S. currency history.
