U.S. Treasury officials are preparing to print a new $250 [1] banknote featuring a portrait of former President Donald Trump.

The move represents a significant departure from traditional U.S. currency design, as it would mark the first time a president appears on a banknote while the legislation is still under congressional review.

Officials at the Federal Reserve’s Bureau of Engraving and Printing in Washington, D.C., are reportedly ready to begin production [1, 2]. The project depends on the passage of legislation currently being considered by Congress, which would permit the image of a president to appear on legal tender [3, 4].

The proposed denomination is $250 [1]. While some reports indicate Treasury officials are prepared to move forward if the law passes [1], other accounts suggest internal friction. One report said a senior currency official was fired after objecting to the printing of the bill [5].

This development comes during May 2026 as the U.S. government weighs the legalities of presidential imagery on currency [1, 2]. The Treasury Department has not issued a formal statement regarding the internal personnel changes or the specific timeline for the bill's release.

If approved, the $250 bill would introduce a new denomination to the U.S. monetary system, a shift that would affect how cash is handled in daily commerce and banking operations.

U.S. Treasury officials are preparing to print a new $250 banknote featuring a portrait of former President Donald Trump.

The introduction of a $250 bill would be the first major change to U.S. banknote denominations in decades. By linking the currency's design to specific congressional legislation, the move transforms a technical monetary update into a political instrument, potentially setting a precedent for how future leaders are memorialized on legal tender.