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Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality

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The Treasury Department is preparing a $250 note bearing President Donald Trump’s portrait for the nation’s 250th anniversary, but the bill can only move forward only if Congress changes federal law barring living people from U.S. currency.

“It’s all up on Capitol Hill. At Treasury, we prepare things in advance. So we have prepared, in advance, that if the legislation is passed, but we will stick to the law,” explained Bessent.

Trump’s portrait would be placed on $250 paper currency for the first time if lawmakers succeed in changing a key federal law that bars living people from appearing on the currency. Democratic lawmakers and leaders, meanwhile, are decrying the proposal as they escalate their opposition to Trump and the GOP. 

“In response to active legislation sponsored by Representative Joe Wilson, the Bureau of Engraving and Printing (BEP) is conducting appropriate planning and due diligence. Should this legislative mandate be signed into law, the BEP is moving proactively to produce a $250 commemorative note which will appropriately recognize the 250th Anniversary of our great nation,” a Treasury spokesperson told Fox News Digital when asked about the bills. 

TREASURY TO PLACE TRUMP’S SIGNATURE ON PAPER CURRENCY TO MARK US 250TH ANNIVERSARY

Staunch Trump supporter, Republican South Carolina Rep. Joe Wilson, introduced the bill in February 2025.

Wilson introduced the bill not only to coincide with America’s birthday in July, but also as a rebuke of the Biden administration and its economic policies. The bill was referred to the House Financial Services Committee when it was introduced and has remained with the committee. 

The Federal Reserve currently issues only seven denominations: $1, $2, $5, $10, $20, $50 and $100. Kentucky Republican Rep. Andy Barr posted an image to X in January of the reported mock-up of the bill, which showed red, white and blue colors behind Trump’s image

“I have two mandates for U.S. currency at present. That no living person can be on U.S. currency. And the currency must say, ‘In God we trust,’” said Treasury Secretary Scott Bessent while hosting the White House press briefing Thursday.

ANDREW BATES: TRUMP KILLED OUR ECONOMY IN JUST 100 DAYS. DEMOCRATS MUST ACT NOW

Democrats quickly took to social media to criticize the proposal, arguing it centered on Trump’s personal legacy rather than the nation’s 250th anniversary celebration.

“By the end of Trump’s term, it’ll be just enough to buy one gallon of gas and a carton of eggs,” said former Secretary of State Hillary Clinton in an X post.

“Hard No on a Trump $250 bill. Get over yourself. The upcoming July 4 anniversary is not about a wannabe King. It’s about celebrating the American journey,” wrote Democratic Minority Leader Hakeem Jeffries Minority Leader Hakeem Jeffries on X.

“While Americans are being crushed by rising prices, Trump is brainstorming new ways to stoke his ego. Maybe if he were more focused on lowering costs for working families, they wouldn’t need a new $250 bill to afford necessities,” said Democratic Virginia Sen. Mark Warner.

SEN JIM BANKS: TRUMP’S NEW TRIUMPHAL ARCH IS A MONUMENT TO AMERICAN GREATNESS

“House Republicans’ priorities: ❌ End Trump’s war in Iran ✅ Create a ‘Trump Peace Prize’ ❌ Lower costs for families ✅ Make a new $250 bill with Trump’s face on it ❌ Reign in Trump’s masked ICE agents ✅ Carve Trump’s face on Mt. Rushmore,” wrote the Democratic National Committee on X.

Treasury previously announced that Trump’s signature would appear on future U.S. paper currency alongside Treasury Secretary Scott Bessent’s signature in honor of the nation’s 250th anniversary.

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Michelle Obama Brutally Humiliated During White House UFC Event

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Michelle Obama Brutally Humiliated During White House UFC Event

UFC fighter Josh Hokit delivered the biggest victory of his professional career Sunday night during UFC Freedom 250 on the South Lawn of the White House, but it was his post-fight comments—not his performance inside the cage—that quickly became the most talked-about moment of the evening.

The historic event, held as part of celebrations marking America’s 250th anniversary and President Donald Trump’s 80th birthday, drew a massive audience and created one of the most unique settings in UFC history. With the White House serving as the backdrop, the event featured a series of high-profile bouts and attracted significant national attention.

Following his victory over heavyweight contender Derrick Lewis, Hokit took the microphone for a post-fight interview and delivered a remark that immediately generated reactions both inside the venue and across social media.

Addressing the crowd, Hokit shouted, “Michelle Obama is a man. Am I right, America?”

He then exited the ring as many spectators cheered and reacted to the unexpected statement.

The comment quickly sparked discussion online, where supporters and critics debated both the appropriateness of the remark and the long-running rumors it referenced.

Claims regarding former First Lady Michelle Obama have circulated on the internet for years. The allegations have repeatedly appeared on social media, podcasts, and alternative media platforms despite a lack of evidence supporting them.

Various public figures, including media personalities Alex Jones and Jason Whitlock, have discussed the claims over the years, helping keep the topic alive among some audiences. However, major fact-checking organizations and news outlets have consistently reported that there is no evidence supporting the allegation.

According to Snopes, versions of the theory have been circulating since at least 2008. Interest in the claim increased significantly in 2014 after a video surfaced showing late comedian Joan Rivers making comments about Michelle Obama and former President Barack Obama while speaking with a passerby in New York City.

Since then, the rumor has periodically resurfaced online, often gaining traction during election cycles or major political events. At one point, the claim even appeared on the social media page of a Republican state lawmaker in Kentucky, further fueling public discussion.

Several media organizations, including Snopes, PolitiFact, USA Today, Agence France-Presse, and Reuters, have published reports examining and disputing various aspects of the allegations. Despite those reports, the rumors have continued to circulate among some segments of the public.

Hokit’s comments ensured the topic would once again receive national attention. The timing was particularly notable given the size of the audience watching UFC Freedom 250 and the symbolic nature of the event itself.

For many viewers, the focus remained on Hokit’s upset victory and the celebration surrounding America’s 250th anniversary. Others, however, immediately shifted their attention to the fighter’s controversial remarks, which quickly spread across social media platforms and political commentary programs.

Whether viewed as political commentary, a provocative joke, or a genuine statement of belief, Hokit’s post-fight comments became one of the most widely discussed moments of the night, ensuring that an event already destined to make headlines would generate even more attention in the days that followed.

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$470 Million Obama Scandal Just Blown Wide Open

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0 Million Obama Scandal Just Blown Wide Open

New questions are being raised about the financial future of the Obama Presidential Center as critics warn that taxpayers could ultimately be left footing the bill if the project encounters long-term financial trouble.

The concerns stem from growing scrutiny over a promised $470 million endowment that was intended to shield Chicago residents and Illinois taxpayers from future liabilities associated with the massive presidential center. According to reports, the Obama Foundation has yet to fully fund the reserve despite earlier commitments made as part of its agreement with the city of Chicago.

At the same time, a Fox News Digital investigation has uncovered complaints from multiple contractors and subcontractors who claim they have suffered significant financial losses while working on the project. Some businesses reportedly say they remain locked in payment disputes involving hundreds of thousands—and in some cases millions—of dollars.

The allegations have fueled fresh concerns about the project’s financial management as the center moves closer to opening.

Under the agreement negotiated with Chicago officials, the Obama Foundation was granted a 99-year lease on approximately 19.3 acres of publicly owned land within Jackson Park. In exchange, the foundation agreed to establish a substantial endowment intended to cover future operating and maintenance expenses, ensuring taxpayers would not be responsible if the project encountered financial challenges down the road.

The lease itself reportedly required only a one-time payment of $10, making the promised endowment one of the key safeguards designed to protect the public.

However, questions continue to linger about whether that commitment has been fulfilled.

According to previously reported financial disclosures, the Obama Foundation contributed just $1 million to the reserve fund in 2021. Publicly available filings suggest the amount has remained largely unchanged since then, despite the foundation’s earlier pledge to establish a fund worth hundreds of millions of dollars.

The issue has become even more significant as construction costs have dramatically exceeded initial projections.

When first announced, the Obama Presidential Center was expected to cost roughly $330 million. That estimate later ballooned to at least $850 million, according to figures released in 2021. Despite the sharp increase, no updated final project cost has been publicly disclosed, leaving many observers questioning how much the project will ultimately cost and whether adequate financial protections are in place.

Illinois Republican Party Chairman Robert Grogan says the lack of progress on the endowment raises serious concerns.

“One of their core promises was they were supposed to create an endowment as basically an insurance policy so the taxpayers wouldn’t get stuck with the bill,” Illinois GOP Chair Robert Grogan told Fox News Digital outside the center last week.

“They promised hundreds of millions of dollars for it. It’s still sitting at the $1 million mark [where it stood] when they opened it up. So I don’t believe that they’ve kept that promise,” he added.

Critics argue that the growing disputes involving contractors only add to concerns about the project’s overall financial stability. Several businesses reportedly claim they remain engaged in lengthy payment battles, creating additional questions about how the center’s finances are being managed.

The Obama Foundation has pushed back against suggestions that taxpayers face any immediate risk. Foundation officials have repeatedly emphasized that the presidential center is being funded through private donations and that public funds are not being used to finance construction or operations.

Nevertheless, critics remain skeptical.

Grogan argued that if the center eventually struggles financially, taxpayers could still find themselves responsible for maintaining the property due to its location on public land.

“The fact that they have created this probably unsustainable edifice to an ego and then, eventually, if it goes under, who’s going to be caught with the bill time and time again?” he asked.

“It’s the taxpayers of the city, citizens of Chicago, and the state of Illinois.”

Legal experts who have followed the project for years say the endowment was specifically designed to address those concerns.

Richard Epstein, a New York University law professor who has challenged aspects of the project in court, argued that the reserve fund serves as a critical financial backstop.

“The whole point of an endowment is to fund future expenses,” Epstein told Fox News Digital.

According to Epstein, if future fundraising efforts fail to generate sufficient revenue and the endowment remains underfunded, the property could eventually fall into disrepair.

“If the endowment hasn’t been filled, the building [could] fall into neglect, it then becomes a safety risk, and it turns out that nobody’s going to pay the bill,” Epstein said.

“The city, therefore, is going to have to assume additional obligations to make sure that thing is kept in place.”

As the Obama Presidential Center nears completion, the debate over its finances is unlikely to fade. Supporters continue to defend the project as a privately funded landmark and economic investment for Chicago’s South Side. Critics, however, say unanswered questions about the endowment, rising construction costs, and contractor disputes deserve greater public scrutiny before taxpayers are asked to trust that they will never be left holding the bill.

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Dem Senator Fetterman Drops Stunning News On Switching Parties

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Dem Senator Fetterman Drops Stunning News On Switching Parties

Sen. John Fetterman is once again finding himself at odds with his own party, highlighting the growing divide between establishment Democrats and lawmakers willing to challenge the far-left direction of the modern Democratic Party.

Since arriving in Washington in 2023, the Pennsylvania Democrat has repeatedly broken ranks with party leaders on several major issues, earning criticism from progressive activists while drawing praise from Republicans who see him as one of the few Democrats willing to speak candidly about the party’s growing ideological problems.

Those tensions have only intensified ahead of the 2026 midterm elections, as Democrats fight to regain control of the Senate and Republicans look to protect their majority.

In recent months, several prominent Republicans have openly discussed the possibility of Fetterman switching parties, citing his increasingly independent positions on issues ranging from immigration and government spending to support for Israel.

Pennsylvania Republican Party Chairman Greg Rothman suggested last month that Republicans could potentially support Fetterman’s reelection if he were willing to join the GOP. President Donald Trump has also publicly expressed admiration for Fetterman’s willingness to challenge Democratic orthodoxy.

During an appearance with Fox News host Sean Hannity, Trump even joked that Hannity should encourage Fetterman to become a Republican in exchange for presidential support.

The relationship between Trump and Fetterman has become one of the more surprising political developments in Washington. Shortly after Trump’s decisive victory in the 2024 presidential election, Fetterman and his wife visited the president at Mar-a-Lago, sparking speculation that the Pennsylvania senator was continuing to distance himself from his party’s activist wing.

Despite those rumors, Fetterman has repeatedly insisted he has no intention of leaving the Democratic Party.

“Being an independent voice that works with the other side to deliver for Pennsylvanians might put me at odds with the party that I have stayed committed to and have no plans to leave — but I will continue to put the commonwealth and the country first,” Fetterman wrote in a recent opinion piece.

“Plus, I’d be a terrible Republican who still votes overwhelmingly with Democrats,” he added.

Still, Fetterman acknowledged that his party has increasingly abandoned positions that were once mainstream Democratic priorities, specifically citing support for Israel and efforts to keep the federal government open and fully funded.

While he continues to vote with Democrats on many issues, Fetterman has emerged as one of the most vocal critics of the party’s progressive wing. He has frequently challenged left-wing activists over immigration enforcement, national security issues, support for Israel, and efforts to shut down the government during budget disputes.

His frustration with fellow Democrats was on full display during a recent appearance on Fox News’ “The Ingraham Angle,” where he blasted Maine Democratic Senate nominee Graham Platner and questioned why Democrats appear willing to overlook behavior they would normally condemn.

“If he was a Republican, how would Democrats describe him?” Fetterman asked.

“And the descriptions would be accurate for all of those things. They would declare that this guy is a degenerate.”

Fetterman was referring to several controversies surrounding Platner, including allegations involving his personal conduct and a tattoo that Platner later covered after learning of its association with Nazi symbolism.

“You know, he cheats on his wife, and he has Nazi tattoos,” Fetterman said.

“We’re the party of pearl-clutching, and now we’ve embraced it because, well, we don’t have a choice,” Fetterman added.

Platner recently secured the Democratic nomination for Senate in Maine and will challenge longtime Republican Sen. Susan Collins in what is expected to be one of the most closely watched races of the 2026 election cycle.

The campaign has already been dogged by controversy. In addition to scrutiny surrounding the tattoo, Platner has faced criticism over old online comments, reports of sexually explicit text messages exchanged with multiple women while he was married, and allegations regarding his personal behavior.

Fetterman suggested Democrats are applying a clear double standard by defending Platner simply because he carries the party’s banner.

“You can excuse all this because he’s got a D after his name,” Fetterman said. “But he’s not even a Democrat.”

While Fetterman stopped short of endorsing Collins, his comments once again underscored the growing frustration many Americans have with partisan hypocrisy in Washington. At a time when Democrats are hoping to retake the Senate, one of their own senators is publicly calling out what he views as blatant double standards within the party.

The remarks are likely to further fuel speculation about Fetterman’s political future, even as he continues to insist that he remains a Democrat.

For Republicans and Trump supporters, however, Fetterman’s willingness to challenge his own party serves as further evidence that even some Democrats are becoming increasingly uncomfortable with the direction the party has taken in recent years.

With Republicans currently holding a 53-47 Senate majority and Democrats needing four seats to regain control, races like Maine’s could play a pivotal role in determining the balance of power in Washington. But if Fetterman’s comments are any indication, Democrats may have to overcome divisions within their own ranks before they can focus on defeating Republicans in November.

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