The U.S. Treasury Department has started plans for a $250 commemorative note featuring President Donald Trump’s portrait as part of the nation’s 250th anniversary celebration. However, the introduction of this bill hinges on Congress approving a change to a federal law that currently prohibits living individuals from being depicted on U.S. currency.
Bessent, a representative of the Treasury, emphasized that the department is ready to act if the law changes. “It’s all up on Capitol Hill. At Treasury, we prepare things in advance. So we have prepared, in advance, that if the legislation is passed, but we will stick to the law,” he explained.
The $250 note marks the first time a living person might be featured on U.S. currency, assuming lawmakers amend existing restrictions. The proposal has faced staunch opposition from Democratic legislators who view the move as part of a broader political conflict with Trump and the GOP.
“In response to active legislation sponsored by Representative Joe Wilson, the Bureau of Engraving and Printing (BEP) is conducting appropriate planning and due diligence. Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation.” — Treasury spokesperson
Republican Representative Joe Wilson from South Carolina, a firm supporter of Trump, presented the bill in February 2025. The introduction coincides with America’s upcoming 250th birthday and serves as a critique of the Biden administration’s economic policies.
The proposed $250 note, which is meant for commemorative purposes, signifies a rare addition to the currency lineup. Currently, the Federal Reserve issues bills in seven denominations, from $1 to $100. An image of the mock-up bill, featuring Trump against a red, white, and blue background, was shared by Republican Rep. Andy Barr.
Treasury Secretary Scott Bessent clarified that U.S. currency is governed by two main mandates: no living person should appear on the currency, and each bill must include the phrase “In God we trust.” At a White House press briefing, Bessent reiterated the department’s commitment to adhere to current laws while preparing for potential changes.
Democrats have quickly voiced their disapproval online, suggesting that the focus on Trump detracts from the intended national celebration. Critiques include notable figures like former Secretary of State Hillary Clinton and Democratic Minority Leader Hakeem Jeffries, who argue against elevating Trump’s personal image over the country’s historical milestone.
Democratic Virginia Senator Mark Warner criticized the move by calling attention to economic strains faced by American families. Meanwhile, the Democratic National Committee highlighted perceived misplaced priorities in a critical social media post.
As plans for the nation’s 250th anniversary unfold, several proposed projects, including the currency initiative, have drawn significant scrutiny.

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