To amend title 31, United States Code, to prohibit the issuance of United States currency and securities containing the signature of the sitting President.
Summary
This legislation proposes a change to the design and production of United States money and financial instruments. If enacted, the bill would amend federal law to specifically ban the use of a sitting president's signature on any newly issued paper bills or government bonds. Currently, U.S. currency typically features the signatures of the Treasurer of the United States and the Secretary of the Treasury, both of whom are appointed by the president.
For everyday citizens, this bill would ensure that the physical appearance of cash and federal securities remains focused on departmental officials rather than the individual serving as commander-in-chief. The proposal aims to maintain a distinction between the office of the presidency and the nation's circulating legal tender. Because this bill has only been introduced and referred to a committee, it currently has no impact on existing currency and would require approval from both the House and Senate, as well as the president's signature, to become law.