President Donald Trump has big plans to commemorate America's 250th anniversary. Trump has already called on UFC CEO Dana White to organize UFC Freedom 250, a historic MMA event to be held at the White House.
The open-air UFC event, which will feature two championship bouts, falls on Flag Day and Trump's 80th birthday.
Now, Trump aims to create a new form of US currency as part of the nationwide celebration of America's landmark anniversary.
Trump officials at the Treasury Department are pushing to
A mock-up of the proposed bill was obtained by The Washington Post. The mock-up features President Trump's portrait in the center, along with the words "250 AMERICA."
British painter Iain Alexander, who designed the proposed bill, told the Post that Trump "absolutely loved it."
If launched, Trump would be the first living person to appear on a US currency since 1866.
Under federal law, only deceased people can appear on currency. The last time a living person did was in 1866, when it was outlawed.
Trump Pushing For Gold Coins and a New Bill in His Likeness
A Treasury representative told the Post that the printing company "is conducting appropriate planning and due diligence" with the $250 bill.
"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," the spokesperson added.
The proposal of the $250 bill follows plans to roll out gold coins bearing Trump's likeness. Both proposed currency designs are unlikely to be publicly issued before America's 250th birthday.
"As we approach our 250th birthday, we are thrilled to prepare coins that represent the enduring spirit of our country and democracy, and there is no profile more emblematic for the front of such coins than that of our serving President, Donald J. Trump," U.S. Treasurer Brandon Beach said in a statement.