Pakistan's external debts rise by 3.6 pc: central bank, President Yoweri Museveni sworn in for historic seventh term in Uganda, Government says sufficient stocks of petrol and diesel available across country,

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.


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