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US currency to bear Trump's image and signature despite federal law

A semiquincentennial commemorative gold coin design featuring US President Donald Trump REUTERS
An advisory commission hand-picked by Donald Trump also approved the design of a commemorative gold coin featuring his image

US paper currency will soon bear President Donald Trump's signature, the Treasury Department has announced, in a move that would be a first for a sitting US president and coincide with the country's 250th anniversary.

Historically, the signatures on dollar bills belong to those of the Treasurer of the United States and the secretary of the Treasury.

The move to put Mr Trump's countenance on a coin - which runs counter to federal law that says no living president may appear on US currency - has been criticised by his Democratic opponents.

But the upcoming new bills will feature those of Mr Trump and current Treasury Secretary Scott Bessent.

"Under President Trump's leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability," Mr Bessent said in a statement announcing the decision.

"There is no more powerful way to recognize the historic achievements of our great country and President Donald J Trump than US dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the semiquincentennial," he added.

The move would be the latest effort by Mr Trump to circumvent longstanding practice and put his mark on US currency.

Last week, an advisory commission hand-picked by Mr Trump approved the design of a commemorative gold coin featuring his image - also intended to mark the 250th anniversary of the 4 July 1776 founding of the United States.

One side of it shows a glaring Mr Trump standing with his fists bunched on a desk, and the other features an eagle perched with wings spread on what appears to be a bell.

The coin does not have a monetary value, and its sale price has not been disclosed, but similar commemorative coins sold by the US Mint can cost more than $1,000.

Mr Trump has pressed ahead with other deeply controversial designs as well, including one bearing his face on a $1 coin that would be temporarily added to circulating currency, and which would also celebrate the nation's 250th birthday.