Bessent Defends Putting Trump's Face on Special $250 Bill

Watch on YouTube ↗  |  May 29, 2026 at 12:37  |  0:43  |  Bloomberg Markets
Speakers
Scott Bessent — Treasury Secretary

Summary

Treasury Secretary Scott Bessent defends the idea of putting President Trump's face on a specially issued $250 bill, noting that current law prohibits living persons on currency. He states the Treasury has made preparations should legislation pass, but will adhere to the law.

  • Bessent explains two mandates for U.S. currency: no living person and 'In God we trust'.
  • Proposed legislation would allow a living person (Trump) on a $250 bill.
  • Bessent says Treasury prepares in advance but will follow the law.
  • The discussion is about currency design, not economic policy or markets.
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