Crucial Quote
“I don’t think that there’s anything untoward about having the person who is president of the United States on the 250th anniversary bill,” Bessent said when asked by a reporter if it was a “good idea” to put Trump on a $250 bill amid rising inflation.
Key Background
The Treasury Department’s reported push for the Bureau of Engraving and Printing to create mock-ups of the Trump- $250 bill raised concerns among some of the agency’s employees since the move isn’t currently allowed by U.S. law, according to The Washington Post, citing four unnamed employees. The bureau’s director of printing, Patricia “Patty” Solimene, was reportedly reassigned against her will after she told the Treasury Department the agency wasn’t authorized to proceed with the mock-ups and that the process would take years to complete. This is the latest government project that could essentially immortalize Trump as part of the country’s legacy. His signature is being printed on a $100 bill and the Treasury Department is designing a $1 commemorative gold coin featuring Trump’s image. The U.S. will also soon issue limited edition passports bearing Trump’s name and signature, the first time a head of state of any country will be featured on a passport. The Trump administration has said all of the new designs are to commemorate the country’s 250th anniversary.
Further Reading
New Passports Feature Large Image Of Trump And Gold-Printed Signature (Forbes)
Trump’s 24-Karat Gold Coin Approved By Arts Commission (Forbes)
Trump’s Name Added To Kennedy Center Sign—A Day After Board Votes To Change Name (Forbes)
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