The U.S. Treasury Department has unveiled new $100 bills featuring President Donald Trump's signature and a commemorative dollar coin with his portrait, marking the 250th anniversary of the United States. Treasury Secretary Scott Bessent explained the changes during a tour with Fox News, highlighting that it is the first time a living president's signature appears on paper currency.
The U.S. Treasury Department has unveiled a new $100 bill featuring President Donald Trump's signature and a dollar coin bearing his portrait, marking a historic first for a sitting president.
Treasury Secretary Scott Bessent announced the changes during a tour of the department with Fox News host Jesse Watters, explaining that the inclusion of Trump's signature on all denominations of paper currency is part of the celebration of the 250th anniversary of the United States. This makes Trump the first president to have his name on cash while still in office.
Bessent clarified that the Treasury has two main mandates for currency: it must include the phrase 'In God we trust' somewhere on the bill, and it cannot feature an image of a living person on paper money. However, the signature of a living president is permissible. The new bills will be released to the public this fall, and Bessent emphasized that no additional taxpayer dollars are required to add Trump's signature to new prints.
He also noted that the more cash people hold, the better it is for the Treasury's budget. In addition to the signature, the Treasury is releasing a commemorative dollar coin with Trump's portrait. While U.S. law requires a president to have died at least two years before appearing on a circulating coin, the Trump coin falls under the category of a non-circulating commemorative coin.
This is not the first time a living president has appeared on a coin; President Calvin Coolidge's face was on a commemorative coin during his lifetime. White House photographer Daniel Torok shared a side-by-side image of the Trump dollar coin alongside the president's official portrait from June of last year.
The announcement follows earlier reports that the Treasury had prepared a prototype $250 bill with Trump's face, although such a bill would require an act of Congress to become legal tender. A bill introduced last year by Rep. Joe Wilson (R-SC) to create a $250 denomination failed to receive a hearing after being referred to the House Financial Services Committee.
Treasury Secretary Bessent previously stated that there is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name. U.S. Treasurer Brandon Beach concurred, writing that Trump's mark on history as the architect of America's Golden Age economic revival is undeniable. The new currency designs are part of broader efforts to commemorate the nation's 250th anniversary.
The Treasury Department's decision to include a sitting president's signature on paper money is unprecedented and has drawn both praise and criticism. Supporters view it as a fitting tribute to Trump's impact on the economy, while detractors argue it politicizes the nation's currency. Nonetheless, the Treasury maintains that the move is within legal bounds and does not incur extra costs. The commemorative coin, which features Trump's portrait, is expected to be popular among collectors and supporters.
The coin's design echoes the president's official portrait, capturing his characteristic expression. The Treasury has not yet announced the mintage numbers or the release date for the coin, but it is anticipated to be available later this year. Overall, the introduction of Trump's signature and image on U.S. currency marks a significant departure from tradition.
While past presidents have appeared on coins after death, and their signatures have been used on currency posthumously, this is the first time a living president's signature will appear on all denominations of paper money. The move aligns with the celebratory tone of the 250th anniversary and underscores the Trump administration's focus on national pride and economic achievements. The new bills will feature Trump's signature alongside Bessent's, replacing the typical combination of the Treasury Secretary and the U.S. Treasurer.
This change required a redesign of the bills, which still feature the portrait of Benjamin Franklin on the $100 bill. The Treasury has also confirmed that the security features remain intact, and the new currency will be phased into circulation gradually. The Fox News tour gave viewers a behind-the-scenes look at the production process, including the printing presses. Bessent explained that the Bureau of Engraving and Printing handles the design, and the addition of Trump's signature was a straightforward process.
He reiterated that the cost to taxpayers is zero, as the signatures are simply added to new print runs. The commemorative coin, on the other hand, will be sold at a premium to collectors, generating revenue for the Treasury. Bessent expressed confidence that the coin will be a hit, especially among Trump supporters. The release of the new currency comes at a time when the administration is emphasizing national pride and historical milestones.
The 250th anniversary of the Declaration of Independence is in 2026, and the Treasury is planning additional commemorative items. The Trump signature and coin are the first in a series of celebratory releases. Critics have raised concerns about the politicization of currency, arguing that it sets a precedent for future presidents to place their own marks on money.
However, the Treasury insists that this is a one-time recognition for the anniversary. The debate is likely to continue as the new bills enter circulation. In the meantime, collectors and Trump enthusiasts are eagerly awaiting the opportunity to own the new currency and coin
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