summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Federal Reserve Act to require the Secretary of the Treasury to print $250 Federal reserve notes featuring a portrait of Donald J. Trump, and for other purposes.
AI Summary
This bill proposes to create a new $250 Federal Reserve note featuring a portrait of Donald J. Trump, to be printed within one year of the bill's enactment. The bill, known as the "Donald J. Trump $250 Bill Act," includes a congressional sense statement that these bills would commemorate the semiquincentennial (250th anniversary) of the United States. Additionally, the bill would modify existing law to allow the portraits of living presidents to be featured on U.S. currency and securities, which is currently prohibited. Specifically, the bill would amend the Federal Reserve Act to mandate the Secretary of the Treasury to print these new $250 bills with Trump's portrait, and would change existing regulations to remove the restriction against featuring living presidents on official U.S. financial instruments. While the bill appears to be more symbolic than likely to become law, it represents a legislative effort to honor the former president through a unique currency denomination.
Committee Categories
Business and Industry
Sponsors (15)
Joe Wilson (R)*,
Brian Babin (R),
Andy Barr (R),
Buddy Carter (R),
Diana Harshbarger (R),
Darrell Issa (R),
Mike Kelly (R),
Trent Kelly (R),
John McGuire (R),
Ralph Norman (R),
Andy Ogles (R),
David Rouzer (R),
John Rutherford (R),
Elise Stefanik (R),
Greg Steube (R),
Last Action
Referred to the House Committee on Financial Services. (on 02/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/1761/all-info |
| BillText | https://www.congress.gov/119/bills/hr1761/BILLS-119hr1761ih.pdf |
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