It is the first time since the foundation of the country that a current president’s signature has gone into the dollar.
The Associated Press reported that the U.S. Treasury Department announced the plan to commemorate the 250th anniversary of the foundation. “There is no better way to celebrate America’s achievement than to include President Trump’s name on a dollar bill,” Treasury Secretary Scott Bessant said in a statement.
Dollar bills are usually printed with the signatures of the Treasury Secretary and the Treasurer. If President Trump’s signature is added, it will be the first-ever case in which the current president’s name is stamped on bills circulating in actual transactions.
This is an extension of the trend that the Trump administration has actively used the president’s name and image in government programs, buildings, and various projects since it regained power.
Earlier, as part of a project to commemorate the 250th anniversary of the nation’s foundation, the company announced a plan to issue a 24K solid gold commemorative coin with President Trump’s face on it, causing controversy. The gold coin, which has been approved by the Arts Council, features President Trump leaning toward the front and a white-headed eagle with its wings spread out on the other side. The White House is said to want the gold coin to be made as large as possible. However, unlike gold coins that are only circulated for collection, bills with signatures are expected to have a bigger impact in that they are used in actual transactions.
The opposition Democratic Party immediately protested. U.S. Rep. Shontell Brown, D-N.Y., directly told X that it was a “disgusting, un-American plan,” citing Trump’s responsibility for recent inflation.
SAM KIM
US ASIA JOURNAL
