U.S. paper currency will bear President Donald Trump's signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday. The change comes as the United States prepares to celebrate its 250th anniversary.
The first bills featuring Trump’s signature alongside Treasury Secretary Scott Bessent’s are expected to be printed in June, starting with $100 notes, with other denominations to follow.
Treasury officials said the move was appropriate to mark the Semiquincentennial, highlighting what they describe as strong economic growth and stability during Trump’s second term.
Bessent stated that “There is no more powerful way to recognise the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name.”
This announcement is part of a wider effort by the Trump administration and its allies to leave the president’s mark across federal institutions. Earlier this month, a federal arts panel approved a commemorative gold coin featuring Trump, and plans for a $1 coin are under review, though U.S. law prohibits depicting living presidents on circulating coins.
Treasury officials emphasised that aside from the signature, the design of U.S. banknotes will remain unchanged, including key elements such as the portrait of Benjamin Franklin on the $100 bill and the words “In God We Trust.”
The move will also end a 165-year tradition of including the signature of the U.S. treasurer on banknotes.
The signature of former Treasurer Lynn Malerba will no longer be used, making her the last in a long line of treasurers who have appeared on U.S. federal currency since 1861, when the government first issued it.
Bills with signatures of former Treasury officials, including Janet Yellen and Malerba, are still being produced and will continue to circulate for some weeks.
Support for the signature change has come from former treasurers and current officials alike.
Malerba declined to comment on the Trump administration's move.
Her predecessor, Jovita Carranza, who served in Trump’s first term, called it “a powerful symbol of American resilience, the enduring strength of free enterprise and the promise of continued greatness.”
The current treasurer, Brandon Beach, whose name has not appeared on the currency, also issued a supportive statement, saying Trump was the architect of a "golden age economic revival."
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threaten...
A now-deleted artificial intelligence (AI) generated image by the U.S. President has sparked immense backlash across the political divide. It ...
Start your day informed with AnewZ Morning Brief. Here are th...
Authorities in China have launched an investigation into a wave of online bullying targeting Olympic diving champion Quan Hongchan, as concerns gro...
UK Prime Minister Keir Starmer has refused to join a U.S.-led blockade of the Strait of Hormuz, distancing Britain from military escalation after f...
A now-deleted artificial intelligence (AI) generated image by the U.S. President has sparked immense backlash across the political divide. It comes as Trump and the Pope continue their fued over the U.S. led war in the Middle East.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of April, covering the latest developments you need to know.
Authorities in China have launched an investigation into a wave of online bullying targeting Olympic diving champion Quan Hongchan, as concerns grow over the impact of toxic fan behaviour on young public figures.
Iran's ports were blocked by the U.S. military on Monday (13 April), President Donald Trump confirmed. Tehran has threatened to retaliate against its Gulf neighbours' ports and a U.S. official said there was continued engagement with Iran, and forward motion on trying to get to an agreement.
Israel has reprimanded Spain’s most senior diplomat in Tel Aviv after a giant effigy of Prime Minister Benjamin Netanyahu was blown up in a Spanish town.
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
Nine suspects were arrested on Saturday (11 April) in connection with a terror attack targeting a police post in Istanbul’s Beşiktaş district.
Millions of Orthodox Christians across the globe celebrated Easter, known as Holy Pascha, on Sunday (12 April) with midnight liturgies, candlelight processions and deeply rooted local traditions reflecting centuries of faith.
Afghanistan’s Foreign Ministry said on Sunday that talks with Pakistan had been positive, while Türkiye stressed the importance of stronger ties between Kabul and Islamabad.
A now-deleted artificial intelligence (AI) generated image by the U.S. President has sparked immense backlash across the political divide. It comes as Trump and the Pope continue their fued over the U.S. led war in the Middle East.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of April, covering the latest developments you need to know.
Authorities in China have launched an investigation into a wave of online bullying targeting Olympic diving champion Quan Hongchan, as concerns grow over the impact of toxic fan behaviour on young public figures.
A U.S. federal judge has dismissed Donald Trump’s defamation lawsuit against The Wall Street Journal, marking a setback in his ongoing legal battles with major media organisations he accuses of publishing misleading coverage.
Hungary’s election winner Péter Magyar has said he does not support Ukraine’s fast-track entry to the European Union and will uphold an opt-out allowing Hungary to avoid contributing to a €90 billion EU loan for Kyiv.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment