The United States is set to introduce a major change to its paper currency as President Donald Trump’s signature will soon appear on new banknotes. The US Treasury Department announced this decision as part of preparations to mark the country’s 250th anniversary of independence. This move will make Trump the first sitting US president to have his signature featured on American currency.

The decision also brings an end to a long-standing tradition that dates back to 1861. For over 165 years, US paper currency has always carried the signature of the Treasurer of the United States. Under the new plan, that signature will be removed for the first time in history, marking a significant shift in the design and symbolism of federal banknotes.

According to the Treasury Department, the rollout will begin with the printing of new $100 bills in June. These notes will feature Trump’s signature alongside that of Treasury Secretary Scott Bessent. Other denominations will be updated in the following months. Officials say the change is part of a broader effort to celebrate the nation’s milestones and achievements as it approaches the Semiquincentennial.

Treasury Secretary Scott Bessent supported the move and linked it to what he described as strong economic progress in the country. He highlighted the importance of recognising both the nation’s accomplishments and the leadership behind them. “There is no more powerful way to recognise the historic achievements of our great country and President Donald J Trump than US dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the Semiquincentennial,” Bessent said in a statement released by the US Department of the Treasury.

US Treasurer Brandon Beach also endorsed the decision, calling it “appropriate” and “well deserved.” The change comes at a time when the Bureau of Engraving and Printing is still producing currency that carries the signatures of former Treasury Secretary Janet Yellen and US Treasurer Lynn Malerba, who served during President Joe Biden’s administration.

Malerba’s signature will mark the end of an unbroken tradition that has existed since the first issuance of US federal currency in 1861. Her tenure represents the final chapter in a historical practice that has remained unchanged for generations.

This currency update is part of a wider plan to honour Trump during the 250th anniversary celebrations. Earlier in the month, a federal arts commission approved the design of a 24-karat gold commemorative coin featuring his image. The coin is expected to be released during the July 4 Semiquincentennial events, adding to the series of tributes planned for the occasion.