Treasury Dept. is weighing a $250 bill with Trump's image [View all]

The Treasury Department is considering issuing a $250 bill featuring President Trump, though any such banknote would require a change in federal law, an agency official told CBS News.

The bill's development, first reported by the Washington Post on Thursday, comes in response to legislation proposed last year by Rep. Joe Wilson, a Republican from South Carolina, the department said.

Treasury Secretary Scott Bessent addressed the $250 bill at a White House press briefing on Thursday.

"For U.S. currency at present, no living person can be on U.S. currency, and the currency must say 'In God We Trust'," he said. "So right now, there is proposed legislation that is in front of the House, in front of the Senate, to change the first requirement so that a living person, Donald J. Trump, could be on the $250 bill."

https://www.yahoo.com/news/politics/articles/treasury-department-weighing-250-bill-194046658.html