Trump administration pushes for new $250 bill with his face on it – but there’s one big catch

Donald Trump’s administration wants the Treasury Department’s Bureau of Engraving and Printing to design a $250 banknote with Trump’s image.

According to reports, officials within the Trump administration are exploring the possibility of creating a $250 banknote featuring Trump’s image. However, there are significant legal obstacles standing in the way.

Under the Thayer Amendment, which became law in 1866, the likeness of a living person cannot appear on official U.S. currency, bonds, or other financial notes, according to the New York Post. There is also a separate law that limits U.S. currency to specific denominations.

Despite those hurdles, the Treasury Department reportedly confirmed that planning efforts are underway should Congress ultimately approve the proposal.