Treasury Reassigned Printing Chief After She Opposed Trump $250 Bill
Updated
Updated · The Independent · May 28
Treasury Reassigned Printing Chief After She Opposed Trump $250 Bill
4 articles · Updated · The Independent · May 28
Late April saw Bureau of Engraving and Printing Director Patricia Solimene moved out after telling Treasury officials the proposed $250 Trump note was neither authorized nor feasible on the administration’s timeline.
Federal law bars living people from appearing on U.S. currency, and former bureau officials said a new $250 denomination would also require an act of Congress before Treasury could proceed.
Six to eight years is the typical timeline employees cited for developing a new high-value note, undercutting hopes of issuing it for the nation’s 250th anniversary.
The push has backing from Trump appointees including U.S. Treasurer Brandon Beach, while Rep. Joe Wilson’s 2025 bill to authorize a Trump $250 note remains stalled in committee.
What economic purpose would a new $250 bill serve in an increasingly cashless society?
If currency tradition is broken, what other long-standing U.S. monetary norms could be challenged next?
How does altering currency for an anniversary compare with past commemorative practices in the United States?