Donald Trump broke the 165-year tradition. From now on, he will have a bright presence in the US dollar. Until now, US dollar bills had the signature of the country’s treasurer. It was accompanied by the signature of the US Treasury Secretary. But Trump himself changed that long-standing rule. As the first US president, he took a place on the US dollar bill while in office. The US administration thinks that having Trump’s picture on the dollar bill can show America’s success and power to the world.
The United States will celebrate its 250th Independence Day on July 4 this year. Dollar bills started printing in America long after independence. For the past 165 years, US notes have had the signatures of the Treasurer and the Secretary of the Treasury. But on the occasion of the 250th anniversary of independence, Trump broke that tradition. Under the new rules, US notes will now bear the President’s signature. It will also have the signature of the Revenue Secretary. Trump has not publicly said anything about the whole incident. But this is the first time that the signature of the then president is going to be on the US banknote.
On Thursday, Treasury Secretary Scott Besant said on behalf of the US Treasury Department, “Our country has many historic achievements. President Donald Trump has many achievements as well. There is no better way to highlight them most powerfully than with a signature note. The 250th year of American independence is the perfect time to debut a new note.” Brandon Beach, whose signature authority on US notes has been stripped (US Treasurer), says the move was urgent.
It is known that the printing of new notes with Trump’s signature will start from June this year. First $100 bill will be printed. Not only this, a 24 carat gold coin featuring Trump’s image will also be minted on the occasion of 250 years of Independence. It should be noted that the dollar bill currently used in the United States has the signatures of Joe Biden-era Finance Secretary Janet Yellen and Treasurer Lynn Malerba. Later Treasurer Brandon Beach’s signature no longer appeared on US notes.
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