The Curious Story Behind the $250 Bill — and Why Trump Is Involved

A proposed $250 bill has suddenly turned an obscure currency question into a political fight. The idea is tied to America’s 250th anniversary in 2026, but the controversy comes from the portrait proposed for the note: Donald Trump.

The plan is not active money in circulation, and it cannot happen automatically. It would require Congress to approve a new denomination and deal with federal law that currently says only deceased individuals may appear on U.S. currency and securities.