Donald Trump is set to become the first sitting U.S. president to have his signature on U.S. banknotes, the Treasury Department announced.
Trump's signature will appear alongside Treasury Secretary Scott Bessent, a move that marks the upcoming 250th anniversary of the United States.
There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name, Bessent stated. Traditionally, U.S. banknotes include signatures from Treasury officials.
This initiative is part of the administration's efforts to link Trump's name to various government programs and public buildings.
The first $100 bills bearing Trump's and Bessent's signatures are set for production in June, with additional denominations to follow.
In contrast, current banknotes still display the signatures of former President Joe Biden's Treasury Secretary, Janet Yellen, and Treasurer Lynn Malerba.
This decision deviates from a longstanding tradition dating back to 1861, where the U.S. Treasurer's signature is always included on banknotes.
Ahead of the nation’s 250th anniversary, Bessent emphasized that printing currency featuring Trump's name is a powerful way to recognize the historic achievements of our great country and the current president.
This year marks the 250th anniversary of America's official declaration of independence from Britain by the 13 original colonies.
In response to the announcement, Gavin Newsom, California's Democratic governor and a critic of Trump, took to social media to voice his concerns about the president's economic record.
Interestingly, earlier this month, a federal arts commission also approved a commemorative 24-karat gold coin bearing Trump's image to celebrate America's 250th birthday.
During his first term, Trump’s name featured on paper support checks sent to Americans amid the COVID-19 pandemic.
