The Donald Trump administration announced on Thursday that the US Treasury Department intends to feature his signature on all newly issued US paper currency.
The U.S. Treasury Department announced on Thursday that it plans to feature President Donald Trump’s signature on all new U.S. paper currency.
This move would mark a first for a sitting president, as traditionally, U.S. paper currency bears the signatures of the Treasury secretary and the treasurer, rather than that of the president.
This news was first reported by Vanity Fair.
This represents the latest instance of Trump affixing his name and image to American cultural institutions; previously, he renamed the U.S. Institute of Peace, the Kennedy Center for the Performing Arts, and a new class of battleships, among other tributes.
Moreover, these plans coincide with ongoing efforts to feature Trump’s likeness on coinage.
Earlier this month, a federal arts commission approved the final design for a 24-karat gold commemorative coin featuring Trump’s image, intended to help celebrate America’s 250th anniversary on July 4th.
The Treasury states that the plan to include Trump’s signature on all new paper currency is intended to honor the nation’s 250th anniversary; the signature of Treasury Secretary Scott Bessent will also appear on the currency.
In a statement, Bessent remarked, “There is no more impactful way to recognize the historic achievements of our great nation” than to have U.S. dollar bills bearing Trump’s name.
U.S. Treasurer Brandon Beach stated that printing Trump’s signature on American currency is “not only appropriate, but also well-deserved.”
The U.S. Bureau of Engraving and Printing is responsible for producing all paper currency, while the U.S. Mint manufactures all coins.