India rejects NYT report that Elon Musk joined key Modi-Trump call over war, UAE President Sheikh Mohamed, Ukraine’s Zelenskyy discuss regional security, Ex-Puducherry Cong chief A V Subramanian offers resignation to party,

Trump signature to appear on US currency, ending 165-year tradition

US President Donald Trump’s signature is set to feature on US paper currency soon, a first for a sitting president since the introduction of dollar bills in 1861. The decision, taken by the US Treasury, coincides with the 250th anniversary celebrations of American Independence this year. "In celebration of America’s 250th anniversary, President Donald J Trump’s signature alongside (Treasury) Secretary Scott Bessent's will soon appear on US currency, marking a first in history, and symbolizes @POTUS' leadership and dedication to our great nation will carry a lasting impact,” US Treasurer Brandon Beach said in a post on X.

The first $100 bills with Trump's signature and that of U.S. Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.The signature change is the latest effort by the Trump administration and its allies to put the president's name on buildings, institutions, government programs, warships and coins. A federal arts panel, whose members Trump appointed, approved last week the design for a commemorative gold coin with Trump's image.An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on U.S. coins.

A statute governing the printing of Federal Reserve notes gives the Treasury broad discretion to change designs to guard against counterfeiting. The law requires keeping certain elements, including the words "In God We Trust," and only allows portraits of deceased individuals.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

India's culinary landscape is enriched by the versatile tubers that have been cultivated and consumed for centuries. 

Read More

Crime

The CBI has arrested the alleged kingpin of a racket trafficking unsuspecting Indian citizens to cyber scam compounds in Myanmar.

Read More

Opinion

Power changes the chemistry of vanity. It acts as an amplifier that reduces reality feedback.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.