The US Treasury Department has said Donald Trump’s signature will appear on US paper currency, the first time a sitting president’s signature would appear on American banknotes.
Traditionally, US banknotes carry the signatures of the Treasury Secretary and the Treasurer, rather than the president.
The first $100 bills with Trump’s signature and that of US Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.
The move is the latest effort by the Trump administration to put the president’s name on buildings, institutions, government programmes, warships and coins.
The plans for the US President’s signature on banknotes come alongside an ongoing effort to get Trump’s face on a commemorative coin.
Earlier this month, the US Commission of Fine Arts, a federal advisory body, approved a design for a 24-karat gold commemorative coin featuring Trump’s image as part of plans marking America’s 250th anniversary of the signing of the Declaration of Independence on 4 July this year.
The US Bureau of Engraving and Printing is responsible for producing all paper currency, while the US Mint produces all the coins.
Democrat criticises move as ‘un-American’
Some Democrats have criticised the move, arguing it comes at a time when many Americans struggle with cost-of-living pressures, while the war in Iran has added to concerns over soaring oil and gas prices.
Shontel Brown, a Democratic congresswoman from Ohio, said on X on Thursday evening that the Treasury plan is “gross and un-American”, adding that it would “remind us who to thank when we pay more for gas, goods, and groceries.”
“Trump only cares about himself and he’s using every part of OUR government as a branding opportunity,” she wrote.
US Treasury defends its decision
US Treasurer Brandon Beach said in a statement that printing Trump’s signature on the American currency “is not only appropriate, but also well deserved.”
He said Trump was the architect of a “golden age economic revival.”
The US Treasury Department says the plan to include Trump’s signature on all new paper currency is intended to honour the nation’s 250th birthday, and that Treasury Secretary Scott Bessent’s signature would also appear on the currency.
Bessent said in a statement that “there is no more powerful way to recognise the historic achievements of our great country” than with US dollar bills bearing Trump’s signature.
Trump’s penchant for stamping his name on things
Trump has also been associated with the renaming of several US federal and cultural institutions.
The US Institute of Peace is now the Donald J. Trump Institute of Peace, the Kennedy Center for the Performing Arts is now the Trump Kennedy Center and a new class of battleships are now called Trump-class naval ships.
The planned Independence Arch, known as “Trump Arch” a 250-foot triumphal arch design inspired by the Arc de Triomphe, is also intended to mark the 250th anniversary. It will be located near the Memorial Circle in Washington DC.
An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on US coins.
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