Treasury pushing plans for $250 bill with Trump’s portrait and signature, sources say
U.S. President Donald Trump dances on stage after delivering remarks during a campaign and economic policy event in the Eugene Levy Fieldhouse at SUNY Rockland Community College on May 22, 2026 in Suffern, New York. (Roberto Schmidt/Getty Images)
(WASHINGTON) — Trump administration officials have pushed the office tasked with printing the nation’s money to move forward with designing a commemorative $250 bill with President Donald Trump’s portrait and signature, should legislation to create the new currency pass, according to two people with knowledge of the discussions.
It would mark the first time a living person has appeared on U.S. currency in more than 150 years. As of now, federal law explicitly states only deceased people can appear on United States currency.
But some Republicans in Congress are working to change that.
Republican Rep. Joe Wilson, of South Carolina, has introduced a bill ordering the Treasury Department to print $250 Federal Reserve notes featuring a portrait of Trump.
The bill has 15 Republican cosponsors, a small sum for legislation that was introduced more than a year ago.
The bill has not passed — stuck in the House Financial Services committee for more than a year — but in a statement to ABC News, the Treasury Department acknowledged the Bureau of Engraving and Printing is “conducting appropriate planning and due diligence” should the legislation be signed into law.
It would still have to pass the Senate as well before it hits Trump’s desk, requiring a bipartisan majority of 60 votes for passage. Democrats are expected to try to block the effort.
If the bill doesn’t become law, it expires at the end of the 119th Congress. After that, Wilson or another member can try to reintroduce it in the 120th session.
A Treasury Department spokesperson called the bill a “proactive” measure.
“Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation,” the spokesperson said.
The number 250 reflects the nation’s upcoming anniversary.
There’s been no word from Republican leadership on whether they would support Wilson’s bill, though none of its party leaders have signed on as cosponsors.
Two people familiar with the discussions told ABC News that U.S. Treasurer Brandon Beach and Treasury Secretary Scott Bessent have pushed for the president’s signature to be added to the $250 bill.
The Treasury Department did not dispute the reporting.
“Based on the recommendation of U.S. Treasurer Brandon Beach, Secretary Bessent will recognize the historic achievements of our great country and President Trump by adding his signature to the currency,” a spokesperson stated.
The Treasury Department insisted no taxpayer dollars will be used to produce the new bill, noting Bureau of Engraving and Printing finances its operations entirely through product sales and billings rather than relying on annual congressional appropriations.
The State Department announced it would begin issuing special edition passports featuring Trump’s portrait and signature to commemorate the anniversary.
The Washington Post was the first to report the news.
ABC News’ John Parkinson contributed to this report.
Rep. David Scott, D-Ga., attends the House Financial Services Committee hearing on “Make Community Banking Great Again” in the Ryaburn House Office Building on Wednesday, February 5, 2025. (Bill Clark/CQ-Roll Call, Inc via Getty Images)
(WASHINGTON) — Veteran Democratic Rep. David Scott of Georgia has died. He was 80 years old.
Scott, who served as the top Democrat on the House Agriculture Committee from 2021 to 2025, served in the House for more than 23 years, taking office in 2003.
He was in the Capitol on Tuesday when he cast his final vote as a member.
This is a developing story. Please check back for updates.
Justices of the US Supreme Court during a formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. (Eric Lee/Bloomberg via Getty Images)
(WASHINGTON) — Nearly two years after the Supreme Court’s monumental 2024 decision granting President Donald Trump sweeping immunity from prosecution, the ruling’s broader impact on American government is beginning to come into focus as Trump and his lawyers repeatedly invoke the case in an effort to get the justices to endorse expansive presidential power.
“That’s not a coincidence, it’s a strategy,” said James Sample, a constitutional scholar at Hofstra Law and ABC News legal contributor. “They’re not just invoking a precedent, they’re building an architecture.”
An ABC News review of the unprecedented 29 Trump emergency applications to the Supreme Court in his second term found that nearly a third directly cited Chief Justice John Roberts’ majority opinion in the immunity case, Trump v. U.S.
Trump attorneys reference portions of the court’s immunity decision at least 21 times to argue for “unrestricted” presidential power to fire executive branch employees; unreviewable control over “matters related to terrorism, trade and immigration;” and absolute authority as commander-in-chief to deploy troops to aid domestic law enforcement.
The Constitution “creates an ‘energetic, independent executive,’ not a subservient executive,” Solicitor General John Sauer wrote the court, quoting Roberts, in a September request to allow Trump to remove Federal Reserve Board Governor Lisa Cook.
“These aren’t random citations,” Sample said. “The White House Counsel’s Office has read that opinion very carefully, and they are using it methodically.”
The court is still crafting a decision in the Cook case but has generally embraced the administration’s broad view of presidential authority to remove federal employees and supervise agencies.
Since January 2025, however, the justices have not referenced Trump v. U.S. to justify any of its decisions in favor of the Trump administration, leading some court analysts to question why the conservative majority has avoided explicitly invoking its own precedent.
“We just don’t know yet what this case means, and it will be up to a future Supreme Court to define it,” said Sarah Isgur, SCOTUS blog editor and ABC News legal contributor.
On several occasions, Trump appeals relying on the immunity decision have been rejected.
The court declined to embrace Trump administration claims in April 2025 that the deportation of Kilmar Abrego Garcia was interwoven with the president’s “important foreign relations responsibilities,” which Roberts had indicated in the immunity decision were off limits for judicial review.
A majority of justices also rejected Trump’s argument that a lower court block on his National Guard deployment in Chicago infringed on core constitutional powers as commander-in-chief, which were detailed in Roberts’ opinion in the immunity case.
“They have been making a more powerful president — with more complete control over the executive branch and its employees,” said Isgur of the high court’s conservative majority, “but also a weaker presidency that has to go back to Congress if it wants to move the law in any meaningful way.”
Some legal scholars note the Trump v. U.S. decision also broke new ground by putting in writing the idea that the president has exclusive authority to enforce federal law and unchecked prosecutorial discretion — an endorsement that some say has had at the very least a psychological impact on the president and his team.
Roberts’ opinion enshrines the idea that “investigation and prosecution of crimes is a quintessentially executive function” and that the president has “exclusive authority and absolute discretion to decide which crimes to investigate and prosecute.”
“The Justice Department will likely use [the ruling’s] discussion of the exclusive power over prosecution and investigation to push the bounds of this discretion,” wrote Harvard Law professor and former assistant attorney general during the George W. Bush administration Jack Goldsmith in a recent law review article.
Trump has asserted himself as the nation’s top law enforcer in his second term, personally directing the attorney general and other top officials on whom to investigate and whom to prosecute.
Trump has pushed indictments of many of his perceived opponents, including former FBI Director James Comey, New York Attorney General Letitia James, Federal Reserve Chairman Jerome Powell, California Sen. Adam Schiff, and former special counsel Jack Smith.
When six Democratic members of Congress posted a video telling military service members that they had the right not to carry out unlawful orders, Trump said the “traitors” should be “arrested and put on trial.” Efforts to secure an indictment subsequently failed.
The Supreme Court’s opinion in the Trump immunity case explicitly enshrines the president’s right to active involvement in the cases and others like them.
“The president may discuss potential investigations and prosecutions with the Attorney General and other Justice Department officials to carry out his constitutional duty to ‘take care that the laws be faithfully executed,'” Roberts wrote, quoting Article II of the Constitution. Later, Roberts adds on behalf of the court, a president has “exclusive authority over the investigative and prosecutorial functions of the Justice Department and its officials, and the president cannot be prosecuted for conduct within his exclusive constitutional authority.”
“Those quotes are also just true as a matter of the Constitution,” Isgur said. “That’s what a president is supposed to do. What’s new is using criminal prosecutors for partisan purposes — and there’s no quotes about that in the case.”
A majority of Americans, 55%, believe Trump is using the Justice Department to file unjustified criminal charges against his opponents, according to a November 2025 Marquette Law School poll; 45% think the charges have been justified.
At the same time, most Americans — 56% — disapprove of the way the Supreme Court is handling its job, compared with 44% who approve, the Marquette poll found.
“The Court has traditionally proceeded cautiously and carefully when marking out exclusive presidential power because the president is known to run hard when the Court recognizes such power. But it did the opposite in Trump v U.S.,” Goldsmith argues.
“The Court issued an incautious and overly broad ruling on exclusive presidential powers that presidents will use to their advantage against the other branches,” Goldsmith wrote, “until the Court, in more considered reflection, acknowledges its imprudence and alters course.”
Chinese youth hold American and Chinese flags as they join officials to welcome U.S. President Donald Trump at Beijing Capital International Airport, May 13, 2026 in Beijing, China. (Alex Wong/Getty Images)
(BEIJING, China) — Chinese President Xi Jinping issued a warning to President Donald Trump during their high-stakes summit in Beijing, saying that if the issue of Taiwan is handled “improperly,” the two nations could “come into conflict,” according to China’s official state broadcaster Xinhua.
The trip came at a crucial time for Trump as the war with Iran loomed and was leading to economic consequences for Americans at home. China is Iran’s principal oil consumer.
Particularly thorny for China is the issue of Taiwan and the U.S. position on the matter has long been delicate.
However, Xi did say that if the issue is handled “properly,” “bilateral relations can remain generally stable.”
After a dramatic welcoming ceremony, Trump sat down with Xi on the first day of a multi-day summit, during which Trump said he’d seek to deepen diplomatic and economic ties between the world’s two largest economic powers.
Trump and Xi had a “good meeting,” according to a White House official, but the official readout has no mention of Taiwan — which Xi earlier warned of a “conflict” if the issue was handled improperly.
Iran was also discussed between the leaders, with both sides agreeing that the Strait of Hormuz should remain open. This is a position China has already held.
“The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy. President Xi also made clear China’s opposition to the militarization of the Strait and any effort to charge a toll for its use, and he expressed interest in purchasing more American oil to reduce China’s dependence on the Strait in the future. Both countries agreed that Iran can never have a nuclear weapon.”
The meeting also covered investments, economic cooperation, fentanyl and increasing Chinese purchases of American farm products.
The bilateral meeting between the two leaders in the Great Hall of the People lasted about 2 hours and 15 minutes, according to pool reporters traveling with the president.
Ahead of the meeting, after Trump and a slate of other U.S. officials had gathered around the negotiating table, Trump called Xi a “great leader” and touted their relationship.
“Such respect for China, the job you’ve done. You’re a great leader. I say it to everybody. You’re a great leader,” Trump said. “Sometimes people don’t like me saying it, but I say it anyway, because it’s true. I always say the truth.”
“We’ve had a fantastic relationship. We’ve gotten along,” Trump said. “When there were difficulties, we worked it out. I would call you, and you would call me, and whenever we had a problem — people don’t know — whenever we had a problem, we worked it out very quickly, and we’re going to have a fantastic future together.”
In his opening remarks, Xi told Trump that China and the U.S. “both stand to gain from cooperation and lose from confrontation.”
“We should be partners, not rivals, “he continued. “We should help each other succeed and prosper together and find the right way for major countries to get along well with each other in the new era.”
According to a bulletin from Xinhua, Xi emphasized that the issue of Taiwan is “the most important issue in China-U.S. relations,” saying if they are “if handled improperly, the two countries will clash or even come into conflict, pushing the entire China-U.S. relationship into a very dangerous situation.”
Ahead of the visit, Secretary of State Marco Rubio told Fox News that the U.S. will urge China to take a more assertive role in resolving the U.S.’s war with Iran during Trump’s meeting with Xi.
“It’s in their interest to resolve this. We hope to convince them to play a more active role in getting Iran to walk away from what they’re doing now and trying to do now in the Persian Gulf,” Rubio said during an interview taped on Air Force One Tuesday while Rubio and Trump were on their way to Beijing.
“We’ve made clear to them, you know, that any support for Iran would obviously be detrimental for our relationship. That obviously is going to come up in this conversation,” Rubio said.
Ahead of the state dinner, Trump was asked whether the pair would discuss diplomatic ways to end the war with Iran, which is in its third month. China is a key buyer of Iranian oil, which could give it considerable diplomatic leverage over Tehran, experts told ABC News. Trump said the U.S. had Iran “very much under control,” adding that it would be among the topics discussed.
“We’re either going to make a deal or they’re going to be decimated, one way or the other. We win,” Trump said. “We’re going to be talking about, we’re going to be talking with President Xi.”
In remarks at the Great Hall this morning, President Trump delivered a history lesson of the “special” US-China relationship, while thanking his “friend” President Xi for a “magnificent welcome like none other.”
Trump called this a “historic visit” that resulted in “extremely positive and productive conversations,” even extending an invite for Xi to visit the U.S on Sept. 24.
The last time Xi visited the White House was in September 2015 when former President Obama hosted him for a State Visit. The visit will be one of four meetings that the leaders wanted to have this year as part of their agreement last fall that put a pause on the tit-for-tat tariff war last year.
Trump said on social media on Tuesday that he planned to ask Xi to “open up” the Chinese economy. The U.S. delegation includes Rubio, Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth, U.S. Ambassador to China David Perdue and U.S. Trade Representative Jamieson Greer. CEOs Elon Musk of Tesla and SpaceX, Tim Cook of Apple and Jensen Huang of NVIDIA as well as the president’s son Eric Trump and daughter-in-law Lara Trump were also present.
Trump said the business leaders joined him to “pay respects” to Xi.
“We asked the top 30 in the world. Every single one of them said ‘yes,’ and I didn’t want the second or the third in the company. I wanted only the top. And they’re here today to pay respects to you and to China, and they look forward to trade and doing business, and it’s going to be totally reciprocal on our behalf,” Trump said.
The White House said one of Trump’s goals going into the summit with Xi is to secure purchasing agreements with China in the aerospace, agriculture and energy sectors and the CEOs traveled with the president to help push for that.
China’s Foreign Ministry spokesperson, Guo Jiakun, said that the scheduled diplomatic meetings were expected to play “an irreplaceable role in providing strategic guidance for China-U.S. relations.”
“During the visit, the two heads of state will have an in-depth exchange of views on major issues concerning China-U.S. relations and world peace and development,” Guo added, according to a transcript published by the ministry. “China stands ready to work with the U.S. to expand cooperation and manage differences in the spirit of equality, respect and mutual benefit, and provide more stability and certainty for a transforming and volatile world.”
ABC News’ Mariam Khan and Fritz Farrow contributed to this report.
