Skip to content
Search

Latest Stories

Top Stories

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

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

Just the Facts: Trump Signs ‘Big Beautiful Bill’

U.S. President Donald Trump, joined by first lady Melania Trump, delivers remarks during an Independence Day military family picnic on the South Lawn of the White House on July 04, 2025 in Washington, DC. At the picnic President Trump signed the One, Big Beautiful Bill Act into law.

Photo by Samuel Corum/Getty Images

Just the Facts: Trump Signs ‘Big Beautiful Bill’

Washington — With pomp and circumstance, President Donald Trump signed the "big, beautiful bill" on Friday at an Independence Day ceremony at the White House.

“We made promises, and it’s really promises made, promises kept, and we’ve kept them,” Trump said. “This is a triumph of democracy on the birthday of democracy. And I have to say, the people are happy.”

Keep ReadingShow less
Tax Changes in the Federal Budget Bill Are a Disaster for Many American Families

A family together in their kitchen.

Getty Images, The Good Brigade

Tax Changes in the Federal Budget Bill Are a Disaster for Many American Families

Anyone raising children in the U.S. knows that it’s expensive. Many jobs – especially the service jobs that do essential work caring for our children and elders, bringing us food, cleaning our office buildings, and so much more – don’t pay enough to cover basic needs. From rising grocery costs to unaffordable housing, it’s becoming harder and harder for American families to make ends meet.

Unfortunately, if our leaders don’t step up, it will soon get even more difficult for families. That’s because the budget reconciliation bill passed by the U.S. Senate on Tuesday, now under consideration by the House of Representatives, includes critical tax changes that will leave many children, their families, and, ultimately, our communities in the lurch.

Keep ReadingShow less
People meeting with advisor, caseworker. Paperwork. Meeting.

Congress should recognize that caseworkers are subject-matter experts and put their knowledge to use.

Getty Images, Fotografía de eLuVe

Fixing Congressional Oversight Starts With Caseworkers

Congress writes laws but rarely follows up on how they are implemented. When things inevitably go wrong, it passes the buck to agencies, which often hire consultants to investigate the problem at great expense. However, Congress could do the job itself for free. Congress already employs a cadre of staff that knows the gory details of government programs—namely, caseworkers.

Caseworkers are staff employed by members of Congress to help their constituents navigate the federal bureaucracy. When the public has problems with federal agencies—everything from mishandled disability applications to poor postal service—caseworkers are the go-between to sort things out. In helping the public, caseworkers learn how the implementation of government programs can go awry.

Keep ReadingShow less
As DOE Redirects Funding for Puerto Rico’s Rooftop Solar, Experts Say the Change Could Strengthen Gas Systems

View of the LNG Terminal in San Juan, where most of Puerto Rico's natural gas resources are shipped to. The island currently imports 85% of its energy resources.

As DOE Redirects Funding for Puerto Rico’s Rooftop Solar, Experts Say the Change Could Strengthen Gas Systems

When President Biden first announced $1 billion in funding to install rooftop solar in Puerto Rico’s vulnerable communities two years ago, many Puerto Ricans felt it was cause for celebration. Federal officials have long sought to support rooftop solar in Puerto Rico, which could help the island's unstable energy grid become more energy-independent.

But under the leadership of President Trump — and with support from Puerto Rico’s newly elected governor, Jenniffer Gonzalez-Colòn — these federal dollars could end up going toward the island’s gas-heavy grid rather than renewable energy efforts.

Keep ReadingShow less