Putting a living president on U.S. currency violates a law that's been on the books since 1866, and no amount of internal Treasury enthusiasm changes that. The BEP director who kept pushing back on this legally dubious scheme got reassigned, which tells you everything about how this administration handles inconvenient facts. America's 250th anniversary deserves better than a vanity project that experts say can't even be produced in time.
The. Treasury isn't breaking any laws here — Bessent has been crystal clear that the $250 bill goes nowhere until Congress changes the rules, and that's exactly how the process is supposed to work. Preparing designs in advance is just responsible governance, not some rogue power grab. Honoring the president serving during America's 250th anniversary on a commemorative note is a perfectly reasonable way to mark a once-in-a-generation milestone.
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