Tangent
In December, a group of Democratic lawmakers, including Sens. Jeff Merkley, D-Ore., and Catherine Cortez Masto, D-Nev., introduced a bill called the “Change Corruption Act” that explicitly prohibits the likeness of a living or sitting president from appearing on any U.S. currency. The “Thayer Amendment” is a 1886 law that prevents images of any living person from appearing on U.S. bonds, securities, notes, or currency. In 2005, Congress passed the “Presidential $1 Coin Act,” which allowed the issuance of circulating $1 coins featuring presidents of the United States. However, this law also restricted such coin series to deceased presidents.
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What Do We Know About The Other Trump Coin?
In March, Trump’s handpicked panel serving on the Federal Commission of Fine Arts approved a special commemorative U.S. gold coin featuring the president. The 24-karat gold coin will feature a depiction of Trump leaning on the Resolute Desk, based on a photo currently on display at the Smithsonian’s National Portrait Gallery in Washington, D.C.
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What Do We Know About the $250 Trump Note?
Late in May, Bessent showed off a design for a new $250 bill featuring Trump’s face. The Treasury Secretary said the proposed design was a preparatory measure by the Treasury in the event Congress passes legislation to allow the president’s face to appear on the note. Bessent showed off the bill after a Washington Post report said the Treasury Department had pressured the Bureau of Engraving and Printing to produce mock-ups of the bill.
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further reading
Bessent Confirms Plans For Putting Trump On $250 Bill (Forbes)