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US Treasury plans to put Trump's signature on new paper currency in first for sitting president

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US Treasury plans to put Trump's signature on new paper currency in first for sitting president
News

News

US Treasury plans to put Trump's signature on new paper currency in first for sitting president

2026-03-27 07:52 Last Updated At:08:00

WASHINGTON (AP) — The U.S. Treasury Department plans to put President Donald Trump’s signature on all new U.S. paper currency, the agency announced on Thursday.

The move would be a first for a sitting president, since traditionally, U.S. paper currency carries the signatures of the Treasury Secretary and the Treasurer, not the president.

The news was first reported by Vanity Fair.

It’s the latest instance of Trump putting his name and likeness on American cultural institutions, following his renaming of the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships, among other tributes.

And the plans come in tandem with an ongoing effort to get Trump’s face on a coin.

Earlier this month, a federal arts commission approved the final design for a 24-karat gold commemorative coin bearing Trump’s image to help celebrate America’s 250th birthday on July 4.

Treasury says the plan to include Trump's signature on all new paper currency is intended to honor the nation's 250th birthday, and that Treasury Secretary Scott Bessent’s signature would also appear on the currency.

Bessent said in a statement that “there is no more powerful way to recognize the historic achievements of our great country” than with U.S dollar bills bearing Trump’s name.

U.S. Treasurer Brandon Beach said in a statement that printing Trump's signature on the American currency "is not only appropriate, but also well deserved.”

The U.S. Bureau of Engraving and Printing is responsible for producing all paper currency while the U.S. Mint produces all the coins.

Democrats criticized the move in part because the announcement comes as Americans face rising costs at the grocery store and the gas pump. The war in Iran , which began Feb. 28, has caused oil and gas prices to soar, deepening people's affordability concerns.

Rep. Shontel Brown, D-OH, tweeted on X Thursday evening that the Treasury plan is “gross and un-American. But at least it will remind us who to thank when we pay more for gas, goods, and groceries," she said.

President Donald Trump speaks during a Cabinet meeting at the White House, Thursday, March 26, 2026, in Washington. (AP Photo/Alex Brandon)

President Donald Trump speaks during a Cabinet meeting at the White House, Thursday, March 26, 2026, in Washington. (AP Photo/Alex Brandon)

In Los Angeles on Wednesday, a jury found both Meta and YouTube liable for harms to children using their services. In New Mexico, a jury on Tuesday determined that Meta knowingly harmed children’s mental health and concealed what it knew about child sexual exploitation on its platforms.

This is a photo gallery curated by AP photo editors.

Parents of children who they say were victims of social media platforms hug outside Los Superior Courthouse after to listening to closing arguments Thursday, March 12, 2026. (AP Photo/Damian Dovarganes) ADDITION: to clarify opinion.

Parents of children who they say were victims of social media platforms hug outside Los Superior Courthouse after to listening to closing arguments Thursday, March 12, 2026. (AP Photo/Damian Dovarganes) ADDITION: to clarify opinion.

Meta headquarters is pictured on Thursday, March 26, 2026, in Menlo Park, Calif. (AP Photo/Noah Berger)

Meta headquarters is pictured on Thursday, March 26, 2026, in Menlo Park, Calif. (AP Photo/Noah Berger)

Workers pass a sign at YouTube headquarters on Thursday, March 26, 2026, in San Bruno, Calif. (AP Photo/Noah Berger)

Workers pass a sign at YouTube headquarters on Thursday, March 26, 2026, in San Bruno, Calif. (AP Photo/Noah Berger)

People walk through Google headquarters in Mountain View, Calif., on Thursday, March 26, 2026. (AP Photo/Noah Berger)

People walk through Google headquarters in Mountain View, Calif., on Thursday, March 26, 2026. (AP Photo/Noah Berger)

Visitors take photos at a sign outside Meta headquarters on Thursday, March 26, 2026, in Menlo Park, Calif. (AP Photo/Noah Berger)

Visitors take photos at a sign outside Meta headquarters on Thursday, March 26, 2026, in Menlo Park, Calif. (AP Photo/Noah Berger)

Victoria Hinks holds up a picture of her late daughter Alexandria "Owl" Hinks, who she says was a victim of social media platforms, outside the Spring Street Courthouse, Los Angeles Superior Court, in Los Angeles, Thursday, March 12, 2026. (AP Photo/Damian Dovarganes) ADDITION: to clarify opinion.

Victoria Hinks holds up a picture of her late daughter Alexandria "Owl" Hinks, who she says was a victim of social media platforms, outside the Spring Street Courthouse, Los Angeles Superior Court, in Los Angeles, Thursday, March 12, 2026. (AP Photo/Damian Dovarganes) ADDITION: to clarify opinion.

Parents of children who were victims of social media platforms hug outside Los Superior Courthouse after to listening to closing arguments Thursday, March 12, 2026. (AP Photo/Damian Dovarganes)

Parents of children who were victims of social media platforms hug outside Los Superior Courthouse after to listening to closing arguments Thursday, March 12, 2026. (AP Photo/Damian Dovarganes)

FILE - A YouTube sign is shown near the company's headquarters in San Bruno, Calif., Wednesday, March 12, 2025. (AP Photo/Jeff Chiu, file)

FILE - A YouTube sign is shown near the company's headquarters in San Bruno, Calif., Wednesday, March 12, 2025. (AP Photo/Jeff Chiu, file)

Tony Roberts, father of late Englyn Roberts, 14, is surrounded by other parents of child victims of social media platforms, as he speaks to the media outside Los Angeles Superior Court at United States Courthouse on Thursday, March 12, 2026, in Los Angeles. (AP Photo/Damian Dovarganes)

Tony Roberts, father of late Englyn Roberts, 14, is surrounded by other parents of child victims of social media platforms, as he speaks to the media outside Los Angeles Superior Court at United States Courthouse on Thursday, March 12, 2026, in Los Angeles. (AP Photo/Damian Dovarganes)

FILE - External view of the Google building in Chelsea on Thursday, Oct. 09, 2025, in New York. (AP Photo/Kena Betancur, File)

FILE - External view of the Google building in Chelsea on Thursday, Oct. 09, 2025, in New York. (AP Photo/Kena Betancur, File)

Lori Schott, second from right, holds up a photo of her daughter Annalee Schott, beside others after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

Lori Schott, second from right, holds up a photo of her daughter Annalee Schott, beside others after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

FILE - Meta CEO Mark Zuckerberg arrives for a landmark trial over whether social media platforms deliberately addict and harm children, Wednesday, Feb. 18, 2026, in Los Angeles. (AP Photo/Ryan Sun, File)

FILE - Meta CEO Mark Zuckerberg arrives for a landmark trial over whether social media platforms deliberately addict and harm children, Wednesday, Feb. 18, 2026, in Los Angeles. (AP Photo/Ryan Sun, File)

FILE - A car passes Facebook's new Meta logo on a sign at the company headquarters on Oct. 28, 2021, in Menlo Park, Calif. (AP Photo/Tony Avelar, File)

FILE - A car passes Facebook's new Meta logo on a sign at the company headquarters on Oct. 28, 2021, in Menlo Park, Calif. (AP Photo/Tony Avelar, File)

Linda Singer, an attorney representing the state, and Donald Migliori, attorney with the law firm MotleyRice celebrate after the jury reached a verdict against Meta for violated state consumer protection laws and ordering the social media company to pay $375 million in damages to the state, Tuesday, March 24, 2026, in Santa Fe, N.M. (Nathan Burton/Santa Fe New Mexican via AP, Pool)

Linda Singer, an attorney representing the state, and Donald Migliori, attorney with the law firm MotleyRice celebrate after the jury reached a verdict against Meta for violated state consumer protection laws and ordering the social media company to pay $375 million in damages to the state, Tuesday, March 24, 2026, in Santa Fe, N.M. (Nathan Burton/Santa Fe New Mexican via AP, Pool)

Mary Rodee holds a photo of her son Riley after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

Mary Rodee holds a photo of her son Riley after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

Victoria Hinks holds up a picture of her late daughter Alexandria "Owl" Hinks, who was a victim of social media platforms, outside the Spring Street Courthouse, Los Angeles Superior Court, in Los Angeles, Thursday, March 12, 2026. (AP Photo/Damian Dovarganes)

Victoria Hinks holds up a picture of her late daughter Alexandria "Owl" Hinks, who was a victim of social media platforms, outside the Spring Street Courthouse, Los Angeles Superior Court, in Los Angeles, Thursday, March 12, 2026. (AP Photo/Damian Dovarganes)

Lori Schott, center, is embraced as she holds up a photo of her daughter Annalee Schott, after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

Lori Schott, center, is embraced as she holds up a photo of her daughter Annalee Schott, after the verdict in a landmark trial over whether social media platforms deliberately addict and harm children at Los Angeles Superior Court, Wednesday, March 25, 2026, in Los Angeles. (AP Photo/William Liang)

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