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It is the most recent example of Trump associating his name and image with American cultural organizations.

The U.S. Department of the Treasury has stated that it intends to feature the signature of former President Donald Trump on all newly issued U.S. banknotes, as revealed by the agency on Thursday.

This action would mark the first time a current president is involved, as typically, US banknotes feature the signatures of the Treasury Secretary and the Treasurer, rather than the president.

The information was initially published by Vanity Fair.

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It marked the most recent example of Trump associating his name and image with American cultural organizations, after he renamed the U.S. Institute of Peace, the Kennedy Center performing arts complex, and a new series of warships, along with other honors.

And the proposals coincide with a continuous initiative to feature Trump’s image on a coin.

This month, a federal arts panel gave the final approval to a 24-karat gold commemorative coin featuring Trump’s likeness, intended to mark the 250th anniversary of America on July 4.

The Treasury stated that the proposal to feature Trump’s signature on all new banknotes was meant to celebrate the country’s 250th anniversary, and that Treasury Secretary Scott Bessent’s signature would also be included on the currency.

Bessent stated in a declaration that “there is no more impactful method to honor the significant accomplishments of our remarkable nation” than through U.S. currency featuring Trump’s name.

US Treasury Secretary Brandon Beach stated in a release that featuring Trump’s signature on U.S. currency “is not only suitable, but also highly deserved.”

The United States Bureau of Engraving and Printing handles the creation of all paper money, whereas the US Mint is in charge of producing all coins.

Democrats expressed criticism of the decision, partly because the announcement is made at a time when Americans are experiencing increasing expenses at the grocery store and gas stations. The conflict in Iran, which started on February 28, has led to a significant rise in oil and gas prices, heightening worries about affordability.

Democratic Congresswoman Shontel Brown posted on X Thursday night, stating that the Treasury plan is “disgusting and un-American. However, it will at least serve as a reminder of who to blame when we end up paying more for gas, products, and food,” she added.

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This piece was first published in the South China Morning Post (www.scmp.com), a top news outlet covering China and Asia.

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