House Republicans Launch Effort To Put Trump On $500 Bill – EVOL

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

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