Skip to content
Search

Latest Stories

Top Stories

Congress Bill Spotlight: Donald J. Trump $250 Bill Act

News

hundred dollar bills.
Getty Images, boonchai wedmakawand

The Fulcrum introduces Congress Bill Spotlight, a weekly report by Jesse Rifkin, focusing on the noteworthy legislation of the thousands introduced in Congress. Rifkin has written about Congress for years, and now he's dissecting the most interesting bills you need to know about but that often don't get the right news coverage.

Trump reportedly tips his Mar-a-Lago groundskeepers with $100 bills. What if his own face appeared on them?


What The Bills Do

Two different proposals in the House would put Trump’s face on money.

The Donald J. Trump $250 Bill Act would create a new $250 bill, tied to the 250th anniversary of the Declaration of Independence signing in 2026. It was introduced on February 27 by Rep. Joe Wilson (R-SC2).

The Golden Age Act would replace Benjamin Franklin with Trump on the $100 bill starting in 2029. (All existing $100 bills depicting Franklin would still be legal but the government just wouldn’t print any more.) It was introduced on March 3 by Rep. Brandon Gill (R-TX26).

Neither legislation appears to have a Senate companion introduced yet.

Context

Seven prominent Americans are depicted on the main U.S. bills: George Washington on the $1, Thomas Jefferson on the $2, Abraham Lincoln on the $5, Alexander Hamilton on the $10, Andrew Jackson on the $20, Ulysses S. Grant on the $50, and Benjamin Franklin on the $100.

The last personnel change to one of those bills was in 1928 when Jackson replaced Grover Cleveland on the $20.

Since then, Congress has named or renamed various things after living ex-presidents, like renaming the D.C. area’s Washington National Airport as the Ronald Reagan Airport in 1998 or renaming the EPA’s headquarters as the Bill Clinton Federal Building in 2013. But none of those were renamed after incumbent presidents.

In this digital age of credit cards, plus apps and websites like Venmo, PayPal, and CashApp, cash transactions represent a sharply declining share of monetary transactions: plunging from 31% of payments in 2016 to 18% in 2022.

What Supporters Say

Supporters argue that Trump deserves his spot alongside the seven prominent Americans, five of them former presidents, currently appearing on paper money.

“President Trump is working tirelessly to fight inflation and help American families. This achievement is deserving of currency recognition, which is why I am grateful to introduce this legislation,” Rep. Wilson said in a press release. “The most valuable bill for the most valuable president!”

“President Trump… took a bullet for this country and is now working overtime to secure our border, fix our uneven trade relationship with the rest of the world, make America energy independent again, and put America first by ending useless foreign aid,” Rep. Gill said in a press release. “Featuring him on the $100 bill is a small way to honor all he will accomplish these next four years.”

What Opponents Say

Obviously, Democrats oppose putting Trump’s face on money at all. But other opponents counter with alternative points.

For example, some say the U.S. should eliminate the $100 bill entirely. “Let’s abolish the $100 bill,” Timothy Noah wrote in the New Republic. “Benjamins are the favorite currency of criminals and almost no one else—and there’s no good reason to go on printing them.”

“Since 1980, the proportion of $100 bills that reside outside the U.S. has risen from 30% to nearly 80%,” Noah added. “The overwhelming majority of those who possess these bills are criminals of one kind or another who want to stash their money overseas.”

(Presumably, the same argument could be used against creating a $250 bill too.)

Another argument: an 1866 law prevents people from appearing on U.S. money while they’re still alive. Congress passed the law after Spencer Clark, superintendent of the National Currency Bureau, put his own face on the five-cent note.

The $250 legislation would also repeal that 1866 law, though the $100 legislation would not.

Odds of Passage

The $250 legislation has attracted three Republican cosponsors. It awaits a potential vote in the House Financial Services Committee, controlled by Republicans.

The $100 legislation has also attracted three Republican cosponsors —though, interestingly, completely distinct from the three who cosponsored the $250 legislation. It also awaits a potential vote in the House Financial Services Committee.

Perhaps a more likely outcome: the Treasury Department may just unilaterally make such a decision, rather than Congress.

In 2016, President Obama’s Treasury Secretary Jack Lew announced Harriet Tubman would replace Andrew Jackson on the $20 bill. Due to a combination of slow-walking and bureaucratic delays by the Trump administration in the production design process, though, the Tubman bill isn’t expected to debut until around 2030.

Jesse Rifkin is a freelance journalist with the Fulcrum. Don’t miss his weekly report, Congress Bill Spotlight, every Friday on the Fulcrum. Rifkin’s writings about politics and Congress have been published in the Washington Post, Politico, Roll Call, Los Angeles Times, CNN Opinion, GovTrack, and USA Today.

SUGGESTIONS:

Congress Bill Spotlight: adding Donald Trump’s face to Mount Rushmore

Congress Bill Spotlight: BAD DOGE Act

Congress Bill Spotlight: Repealing Trump’s National Energy Emergency

Congress Bill Spotlight: Smithsonian Italian American Museum

Congress Bill Spotlight: Impeaching Judges Who Rule Against Trump

Read More

Ingrassia Exit Highlights Rare GOP Pushback to Trump’s Personnel Picks

President Donald Trump speaks at a White House press briefing on Jan. 30, 2025.

Credit: Jonah Elkowitz/Medill News Service

Ingrassia Exit Highlights Rare GOP Pushback to Trump’s Personnel Picks

WASHINGTON — Paul Ingrassia withdrew his nomination to lead the Office of Special Counsel on Tuesday night after facing Republican pushback over past controversial statements.

While Ingrassia joins a growing list of President Donald Trump’s nominees who have withdrawn from consideration, many who have aired controversial beliefs or lack requisite qualifications have still been appointed or are still in the nomination process.

Keep ReadingShow less
A Revolution in Congressional Decision-Making
low light photography of armchairs in front of desk

A Revolution in Congressional Decision-Making

The dysfunction of today’s federal government is not simply the product of political division or individual leaders; it is rooted in the internal rules of Congress itself. The Founders, in one of their few major oversights, granted Congress the authority to make its own procedural rules (Article I, Section 5) without establishing any framework for how it should operate. Over time, this blank check has produced a legislative process built to serve partisan power, not public representation.

The result is a Congress that often rewards obstruction and gridlock over compromise and action. The Founders imagined representatives closely tied to their constituents—one member for every 30,000 to 50,000 citizens. Today, that ratio has ballooned to one for every 765,000 in the House, and in the Senate, each member can represent tens of millions (e.g., California). As the population has grown, representation has become distant and impersonal, while procedural rules have tightened the grip of party leadership. Major issues can no longer reach the floor unless the majority party permits it. The link between citizens and decisions has nearly vanished.

Keep ReadingShow less
Lasting peace requires accepting Israel’s right to exist

US President Donald Trump hailed a "tremendous day for the Middle East" as he and regional leaders signed a declaration on Oct. 13, 2025, meant to cement a ceasefire in Gaza, hours after Israel and Hamas exchanged hostages and prisoners. (TNS)

Lasting peace requires accepting Israel’s right to exist

President Trump took a rhetorical victory lap in front of the Israeli parliament Monday. Ignoring his patented departures from the teleprompter, which violated all sorts of valuable norms, it was a speech Trump deserved to give. The ending of the war — even if it’s just a ceasefire — and the release of Israel’s last living hostages is, by itself, a monumental diplomatic accomplishment, and Trump deserves to take a bow.

Much of Trump’s prepared text was forward-looking, calling for a new “golden age” for the Middle East to mirror the one allegedly unfolding here in America. I’m generally skeptical about “golden ages,” here or abroad, and especially leery about any talk about “everlasting peace” in a region that has known “peace” for only a handful of years since the fall of the Ottoman Empire.

Keep ReadingShow less
A child looks into an empty fridge-freezer in a domestic kitchen.

The Trump administration’s suspension of the USDA’s Household Food Security Report halts decades of hunger data tracking.

Getty Images, Catherine Falls Commercial

Trump Gives Up the Fight Against Hunger

A Vanishing Measure of Hunger

Consider a hunger policy director at a state Department of Social Services studying food insecurity data across the state. For years, she has relied on the USDA’s annual Household Food Security Report to identify where hunger is rising, how many families are skipping meals, and how many children go to bed hungry. Those numbers help her target resources and advocate for stronger programs.

Now there is no new data. The survey has been “suspended for review,” officially to allow for a “methodological reassessment” and cost analysis. Critics say the timing and language suggest political motives. It is one of many federal data programs quietly dropped under a Trump executive order on so-called “nonessential statistics,” a phrase that almost parodies itself. Labeling hunger data “nonessential” is like turning off a fire alarm because it makes too much noise; it implies that acknowledging food insecurity is optional and reveals more about the administration’s priorities than reality.

Keep ReadingShow less