This is really cool, and I'm glad we might get a $250 bill because these hundreds I have are really starting to lose their value ever since Covid.
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This is from The Washington Post, so you know it's legit! 😉
Starting last year, two political appointees at the Treasury Department — U.S. Treasurer Brandon Beach and his senior adviser, Mike Brown — repeatedly urged staff at the agency's Bureau of Engraving and Printing to prepare prototypes of the note ...
As part of the effort, Beach, in August and September, provided bureau staff with mock-up designs for the note, including one that shows President Donald Trump's face in the center of the $250 bill between the signatures of the president and Treasury Secretary Scott Bessent.
They ran into some trouble, however, mostly because it takes way longer than you'd expect to get a bill like this on the printer; also, legally speaking, they're not allowed to put a living person on a note.
Still, they pressed on. We also have legislation pushing for Trump to be on our currency.
Legislation that would allow Trump to appear on a $250 bill was introduced in Congress last year to commemorate the nation's 250th anniversary but has languished.
In a statement, a Treasury Department spokesperson said the printing office 'is conducting appropriate planning and due diligence' in response to the proposed legislation.
"Should this legislative mandate be signed into law," a Treasury Department spokesperson explained, "the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation."
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The director of the printing bureau, Patricia "Patty" Solimene, tried to warn Beach and Brown that there were a bunch of legal and procedural obstacles here, but then she was "reassigned from her post" in April. Mike Brown is now the director at the bureau.
Solimene did get some hundred-dollar bills signed by Trump, which are being printed now. It's the first time a sitting president's signature has appeared on the currency.
It sounds like Brown is going to wait it out until legislation passes allowing for a living person to be printed on a bill.
Until then, we celebrate America's birthday the traditional way — by using our credit cards to rack up debt until we can't pay it anymore and have to file for bankruptcy.
I'll leave this clip of Treasury Secretary Bessent from this afternoon right here:
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