Updated
Updated · The Independent · May 28
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?