Donald Trump’s administration is reportedly exploring plans for the Treasury Department’s Bureau of Engraving and Printing to create a new $250 banknote featuring Trump’s image. The proposal has sparked widespread political debate because current U.S. law prevents living individuals from appearing on official American currency. The restriction comes from the Thayer Amendment of 1866, which bars the likeness of any living person from being printed on government-issued money, bonds, or notes. In addition, federal law currently limits U.S. currency to certain approved denominations, creating another legal obstacle for supporters of the proposal. Despite these challenges, Treasury officials have confirmed that preliminary planning and research are underway in case Congress eventually passes legislation approving the commemorative bill.

Supporters of the idea argue that a $250 note could celebrate the nation’s upcoming 250th anniversary while honoring Trump’s presidency. Treasury Secretary Scott Bessent defended the department’s preparations, saying it is necessary to plan ahead for any possible legislative changes. However, critics within the Bureau of Engraving and Printing reportedly warned that officials are not legally authorized to move forward at this stage. The controversy has also fueled competing bills in Congress. Some Democrats have introduced legislation aimed at blocking Trump’s image or signature from appearing on U.S. currency, while several Republicans have proposed placing Trump on either a $100 or $250 bill. So far, none of the proposals have gained major support in Congress, making the future of the suggested banknote highly uncertain.