President Donald Trump and Treasury Secretary Scott Bessent promoted a $100 bill featuring Trump’s signature amid the United States’ 250th anniversary, framing it as a recognition of the nation’s history and economic strength.
Bessent Promotes Trump $100 Bill
On Saturday, Bessent shared an image of the new $100 bill on X after Trump posted it on Truth Social, showing the redesigned note carrying both the president’s and the Treasury secretary’s signatures.
Bessent praised the administration’s economic agenda, writing, “Under President Trump’s leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability.”
He added, “There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S dollar bills bearing his signature.”
Scott further said, “It is only appropriate that this historic currency be issued at the Semiquincentennial.”
The Semiquincentennial refers to the 250th anniversary of U.S. independence, marking 250 years since the Declaration of Independence was signed in 1776. The milestone will be celebrated in 2026.
Trump Signature Added To US Currency
In March, the Treasury Department announced plans for President Trump’s signature to appear on future U.S. paper currency alongside Bessent’s, replacing the traditional U.S. Treasurer’s signature for the first time in over a century.
Bessent described the move as a recognition of U.S. economic strength and “lasting dollar dominance and fiscal strength,” while Treasurer Brandon Beach called Trump’s signature on currency “well deserved.”
Dollar Weakness Debate
Earlier, the U.S. dollar had fallen 10% since the start of Trump’s second term, but a Brookings Institution report said the decline remained “benign”.
It did not threaten its reserve currency status, citing limited shifts in global central bank holdings.
At the same time, gold rose above $5,100 per ounce, with economist Peter Schiff saying the move reflected weakening confidence in U.S. fiscal policy, rising debt and persistent deficits, warning of potential long-term pressure on the dollar.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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