Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality

The Treasury Department is preparing a $250 note featuring President Donald Trump's portrait for the nation’s 250th anniversary, but the bill requires Congress to amend a law prohibiting living individuals on U.S. currency. Republican Rep. Joe Wilson introduced the legislation, which faces opposition from Democratic lawmakers who criticize it as prioritizing Trump's legacy over the anniversary celebration.