To amend the Federal Reserve Act to require the Secretary of the Treasury to print $500 Federal reserve notes featuring a portrait of the 45th President of the United States.
About This Bill
Committee
Latest Action · June 5, 2024
Referred to the House Committee on Financial Services.
This bill would require the Treasury Secretary to print $500 Federal Reserve notes featuring a portrait of the 45th President of the United States. The legislation amends the Federal Reserve Act to override existing rules that govern the design and denominations of U.S. currency. The bill would affect the general public who use currency, as well as the Treasury Department and Federal Reserve, which would need to produce these new notes. No specific funding amount or implementation timeline is provided in the legislation. The bill was introduced in June 2024 and referred to the House Committee on Financial Services.
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