Wilson argues that the new denomination would assist Americans dealing with inflation by reducing the need to carry multiple smaller bills. He shared a digitally created image of the proposed bill, stating, “Most valuable bill for most valuable President!”
AXIOS.COM
However, this initiative faces significant challenges. Federal law explicitly states that only deceased individuals may appear on U.S. currency. Additionally, denominations higher than $100 have not been in circulation since 1969 due to low usage.
NYPOST.COM
Therefore, implementing this proposal would require not only legislative changes but also a shift in longstanding currency practices.
This proposal is part of broader efforts by some Republicans to honor Trump, including potential initiatives to establish a public holiday on his birthday, add his likeness to Mount Rushmore, and permit him a third presidential term.
AXIOS.COM
For a detailed discussion on this topic, you might find the following video informative:
