Treasury Secretary Scott Bessent made clear to CNN correspondent Kaitlan Collins the status of a $250 bill featuring President Donald Trump when she questioned whether it would be appropriate.
During a White House media briefing, Collins cited a ThursdayWashington Poststory, which said that two of the administration’s political appointees to the Treasury Department have been working on the new potential currency, followinglegislationbeing submitted in theHouse.
Bessent — filling in on Thursday for White House press secretaryKaroline Leavitt,who is out on maternity leave — held up an apparent copy of the article Collins was referring to, calling it “terribly written, terribly edited.”
Collins asked Bessent if it was true that two political appointees were spearheading preparations for a $250 Trump bill.
“Yeah, we prepare for everything if it gets passed. Just like we were ready six months in advance with the One Big Beautiful Bill for tax guidance. So we have to prepare in advance. You can’t draw something up the day before,” Bessent responded.
Collinsfollowed up asking, “Politically, do you think it’s a good idea, though, when people are struggling to afford gas and groceries?”
It was a generic question a reporter could ask about anything: “Do you think it’s a good idea to clean up Washington, D.C., and make the fountains work again, given people are struggling?” Throw in pretty much any subject you like. “Do you think it’s a good idea to enforce immigration law, build a border wall, host the king of Great Britain …?”
Bessent responded, “I think that it’s bifurcated. Do you think we should have a 250th anniversary celebration?”
“Well, that’s happening anyway, but putting the president’s face on a $250 bill is your choice,” Collins said.
Treasury Secretary Scott Bessent on the prospect of a $250 bill with President Trump’s portrait on it:
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