A House Republican plans to propose legislation to create a $250 bill featuring a portrait of President Trump.

If approved, Trump would become the first living current or former president to appear on U.S. currency.

Per Newsweek:

Under the legislation, proposed by South Carolina Congressman Joe Wilson, the Bureau of Engraving and Printing would be directed to design a $250 bill with President Trump’s face on it.

Wilson cited “Bidenflation” as a reason for the move, claiming the economy now forces Americans to carry more cash. “Most valuable bill for most valuable President!” he added, on X, formerly Twitter.

“Bidenflation” is a term coined by critics of former President Joe Biden to describe the rise in inflation during his administration. Under his presidency, inflation peaked at 9.1 percent in mid-2022, the highest rate since the early 1980s.

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The White House at the time blamed global factors such as supply-chain disruptions, the COVID-19 pandemic, and the war in Ukraine for the rise. However, critics pointed to Biden’s policies such as increased government spending, energy regulations, and economic stimulus measures as a reason for consumers facing increased costs for essentials like food, gas, and housing.

From The State:

Federal law, however, prohibits any living person from being depicted on U.S. currency.

The Bureau of Engraving and Printing currently prints $1, $2, $5, $10, $20, $50 and $100 notes. Previous higher denominations are no longer printed.

Wilson’s planned proposal would play to a GOP primary voting base especially in a state where Trump is very popular.

 

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