Advertisement
Categories: NewsPoliticsWorld

Trump Signature Added to US Currency This Summer

Advertisement

US paper currency will bear President Donald Trump’s signature starting this summer. The redesign plans to mark the 250th anniversary of American independence and for the first time in 165 years, it will drop the signature of the US treasurer.

The first $100 bills with Trump and Treasury Secretary Scott Bessent signatures will be printed in June. Other denominations follow later. New notes may take weeks to circulate through banks.

The Treasury is still producing currency with former Secretary Janet Yellen’s and former Treasurer Lynn Malerba’s signatures. The signature change is part of the Trump administration’s efforts to imprint his name on buildings, institutions, government programs, warships, and coins.

Bessent said this move was appropriate for the country’s 250th anniversary, citing strong economic growth during Trump’s second term. However, introducing a circulating $1 coin with Trump has faced hurdles due to laws prohibiting living individuals on US coins.

The statute governing Federal Reserve notes gives Treasury broad discretion to change designs against counterfeiting but requires retaining certain elements like “In God We Trust” and only portraits of deceased individuals. Officials said the overall design will remain unchanged, aside from replacing the treasurer’s signature with Trump’s.

Advertisement
News Desk

Recent Posts

Archaeologists Uncover Ancient Burials in Egypt’s Greco-Roman Cemetery, Revealing 2,300-Year-Old Traditions

Egyptian archaeologists have unearthed remains and numerous artifacts from a Greco-Roman cemetery dating back over…

25 minutes ago

UAE Unveils Passenger Rail Network; First Service Starts June 30

The United Arab Emirates has launched its much-anticipated passenger rail network with the inaugural Etihad…

36 minutes ago

Osaka Advances to Bad Homburg Quarterfinals After Defeating Mertens 6-3, 6-3

Naomi Osaka advanced to the quarterfinals of the Bad Homburg grass-court tournament after defeating Elise…

44 minutes ago

US reopens embassy in Kuwait after Iranian attack suspension

The US Embassy in Kuwait resumed operations on Wednesday during a visit by Secretary of…

2 hours ago

England Frustrated by Ghana in World Cup Match

England's World Cup campaign took a hit on Tuesday when they were held to a…

2 hours ago

12-Year-Old American Boy Survives Shark Attack in Exuma Cays

A 12-year-old American boy is stable following a shark attack in the Bahamas, authorities announced…

4 hours ago