White House Pushes US Congress To Approve $250 Bill With Donald Trump’s Face On | 4K

Added: 2026-05-30

[00:00:00][music] >> The no living person can be on US currency and the currency must say in God we trust.

[00:00:12]Donald J. Trump could be on a $250 bill.

[00:00:18]We have prepared in advance that if the legislation is passed, but we will stick to the law.

[00:00:27]>> As an American, imagine opening your wallet in 2026 and pulling out a crisp green note worth $250.

[00:00:36]But instead [music] of a historical figure like Washington or Lincoln, you see a familiar face staring right back at you.

[00:00:44]Donald Trump.

[00:00:48]The US Treasury Department has confirmed it's already laying the groundwork for this new denomination that would mark the nation's 250th anniversary. But there is a major problem. Under current law, this bill is illegal. This is the story of the Donald Trump $250 Bill Act, a proposal that seeks to overturn 150 years of American legal tradition to put a living president on the national ledger.

[00:01:15]If we go by the rule book, the federal law says that only the portrait of a deceased individual may appear on United States currency.

[00:01:24]Interestingly, it's a law born from a 19th century scandal.

[00:01:28]Back in 1866, a Treasury official named Spencer Clark caused national outrage when he printed his own face on a 5-cent note.

[00:01:38]Since then, the faces of American money have exclusively belonged to those who have [music] passed away.

[00:01:44]Despite the law, the current Treasury Department is moving fast.

[00:01:48]Secretary Scott Bessent says they have already created the bill and prepared in advance so that if Congress changes the law, the currency is ready to roll out.

[00:01:58]>> As Treasury Secretary, I I have two mandates for US currency. At present, the no living person can be on US currency, and the currency must say "In God We Trust."

[00:02:11]So, right now there is proposed legislation that from 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. So, it it It's all in the hands of the It's It's all in up on Capitol Hill. So, at Treasury, we prepare things in advance. [music] So, we have prepared in advance that if the legislation is passed, but we will stick to the law.

[00:02:42]>> The man leading the charge in Congress is Representative Joe Wilson of South Carolina.

[00:02:47]His role is centered on introducing and advocating for the Donald J. Trump $250 Bill Act, which he officially brought to the House on February 27, 2025.

[00:03:01]But, will you ever actually spend one?

[00:03:04]The legislative reality says unlikely.

[00:03:07]The bill has stalled in the House Committee on Financial Services, and would likely face a dead end in the Senate, where it would need 60 votes [music] to pass. House Democrat Hakeem Jeffries captured the opposition sentiment, stating that the anniversary of American independence is about our national journey, not about a wannabe king.

[00:03:28]For now, the Treasury is sticking to the law, but they've made one thing clear.

[00:03:32]If the law changes, they are ready to print.