President Donald Trump’s signature is set to appear on U.S. currency for the first time under a plan announced by the U.S. Department of the Treasury, marking the upcoming 250th anniversary of American independence on July 4.

The move represents a historic departure from longstanding practice, as U.S. banknotes have traditionally carried only the signatures of the Treasury secretary and the treasurer—not a sitting president.

Treasury Secretary Scott Bessent said the change is intended to recognize what he described as Trump’s “historic achievements” and leadership during a period of economic growth and stability.

Trump, who has long emphasized personal branding, has expanded the use of his name across multiple government-linked initiatives since returning to office, including institutions and projects bearing his imprint.

However, the decision has drawn criticism from political opponents. Gavin Newsom, a leading Democratic figure, mocked the move, suggesting it would make Trump more directly associated with rising living costs faced by Americans.

Economic data shows U.S. growth under Trump has largely tracked post-pandemic trends established during the administration of Joe Biden, with GDP expanding 2.2% in 2025 compared to an average of 2.5% between 2022 and 2024.

The announcement follows another recent decision by the U.S. Commission of Fine Arts to approve a commemorative gold coin featuring Trump’s likeness. Critics have pointed to legal restrictions on depicting living presidents on circulating currency, arguing the move exploits a loophole and raises broader concerns about precedent and symbolism.