Donald J. Trump $250 Bill Act
Donald J. Trump $250 Bill Act
Plain Language Summary
# Donald J. Trump $250 Bill Act Summary **What the Bill Would Do:** This bill would authorize the U.S. Treasury to create a new $250 denomination currency note featuring former President Donald J. Trump. If passed, it would add this denomination to existing U.S.
currency, which currently maxes out at the $100 bill. **Who It Affects:** This would affect all Americans who use currency, as well as the Treasury Department and Bureau of Engraving and Printing, which would need to produce the new bills. It could also have implications for currency collectors and the banking system. **Current Status:** The bill (HR 1761) was introduced in the 119th Congress by Representative Joe Wilson (R-SC) and is currently in committee, meaning it has not yet been voted on by the full House of Representatives. No action has been taken since introduction. **Note:** Creating new currency denominations is exceptionally rare in modern U.S. history and would require significant congressional support and coordination with the Federal Reserve.
Latest Action
Referred to the House Committee on Financial Services.