Bessent Says Fate of $250 Trump Bill Is in Congress’s Hands

Treasury Secretary Scott Bessent said Congress will ultimately decide whether President Donald Trump’s face adorns a special $250 bill commemorating the nation’s 250th anniversary. “Treasury is following the law,” Bessent told reporters during a White House press briefing on May 28. “And it’s up to Congress.” The “Donald J. Trump $250 Bill Act,” introduced by Rep. Joe Wilson (R-S.C.) in February 2025, seeks to establish the note, with approximately 15 Republican cosponsors signing on to the legislation. Wilson called it the “most valuable bill for the most valuable president,” and said it would help Americans carry fewer currency notes. Legislative efforts stalled, with the last action coming last year when the act was referred to the House Committee on Financial Services....