Treasury to put Trump's signature on paper currency in historic move
AP News • • general
Key Points:
- The U.S. Treasury Department announced plans to feature President Donald Trump’s signature on all new U.S. paper currency, a first for a sitting president, alongside Treasury Secretary Scott Bessent’s signature.
- This initiative is part of broader efforts to place Trump’s name and likeness on American cultural symbols, including a 24-karat gold commemorative coin approved to celebrate the nation’s 250th birthday.
- Treasury Secretary Bessent stated the move honors America’s historic achievements, while experts note it may face political opposition but likely does not violate legal protocols.
- Democrats criticized the timing of the announcement amid rising living costs linked to the war in Iran, viewing it as inappropriate during economic hardship.
- Supporters argue the currency will become valuable collectibles in the future, with U.S. Treasurer Brandon Beach calling the move both appropriate and deserved.
