House Republicans Launch Effort To Put Trump On $500 Bill

The House of Representatives is buzzing with a wave of pro-Trump sentiment this summer. Republican lawmakers are pushing a slew of bills and resolutions aimed at honoring the former president, who remains the 2024 front-runner despite his legal troubles.

Though mostly symbolic, the gestures are seen as a strategic move to gain favor with Trump. Earlier this month, Rep. Greg Steube (R-FL) proposed renaming parts of the oceans surrounding the United States after Trump. Now Rep. Paul Gosar (R-AZ) is advocating for Trump’s face to appear on the $500 bill.

While the U.S. no longer issues the larger denominations like $500, $1,000, $5,000, and $10,000 bills, they remain legal tender and could still be in circulation. Gosar’s bill calls for the Treasury to start printing $500 bills again after a 79-year hiatus, featuring a portrait of Trump in place of President William McKinley. Gosar said his proposal is a response to the high inflation under President Joe Biden.

The bill, titled the “Treasury Reserve Unveiling Memorable Portrait Act of 2024” or the “TRUMP Act of 2024,” seeks to amend the Federal Reserve Act. It mandates the Secretary of the Treasury to print $500 Federal Reserve notes featuring a portrait of the 45th President of the United States.

Throughout American history, several presidents have had their names and likenesses immortalized in various forms. For instance, President George Washington, the nation’s first president, has his likeness on the quarter and the one-dollar bill. The capital city of the United States, Washington, D.C., and the state of Washington are named in his honor, as well as countless schools, streets, and monuments across the country.

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Washington DC USA – 6-13-2024 – Former President Donald Trump emerges from a meeting with Senate Republicans.

President Abraham Lincoln, celebrated for his leadership during the Civil War and the abolition of slavery, is featured on the five-dollar bill and the penny. The Lincoln Memorial in Washington, D.C., is a significant national monument dedicated to him. Additionally, many towns, counties, and schools bear his name.

More recently, Ronald Reagan, the 40th president, has received numerous posthumous honors. Washington National Airport was renamed Ronald Reagan Washington National Airport in 1998. There are several schools and buildings named after him, including the Ronald Reagan Presidential Library in California.

Now amid a tightly contested presidential race, some members of Congress are seeking to brand significant national assets with the “Trump” name. Fred Upton, a Republican who represented southwest Michigan in the House for 26 years before retiring in 2023 told USA Today, “They’re all trying to curry favor from the former president. They want to be recognized by him.”

This month Trump made his first visit back to Washington, D.C. since his presidency, a significant move as he gears up for his 2024 presidential campaign. During his stay, he convened with Republican leaders in both the House and Senate, discussing major issues and sharing his vision for what a second term might look like.

Trump pushed for abortion issues to be managed at the state level and emphasized the importance of stringent crime reduction measures to boost public safety and national prosperity. Trump also took this opportunity to tout his past administration’s achievements and critique the current Biden administration’s handling of inflation and border security.

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