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Live Updates  >  Live Update Details

2026-05-29 07:55:45

[Trump Portrait Commemorative Banknote Design Completed, Awaits Congressional Approval] U.S. Treasury Secretary Bessant stated on the 28th that the Treasury Department is ready to issue a $250 commemorative banknote featuring President Trump's portrait, including completing the banknote design. However, the final issuance of the banknote depends on congressional authorization. Answering reporters' questions at the White House, Bessant said that current U.S. law prohibits printing the portraits of living individuals on currency, therefore a bill needs to be passed by the House of Representatives to amend this regulation "so that living people, such as Trump, can appear on the $250 banknote." He said, "It all depends on Congress," but the Treasury Department must be prepared in advance; "We have already designed this banknote." (Xinhua)

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