TRUMP Act of 2024

Bill: 118-hr-8620
Sponsor: full_name: Rep. Gosar, Paul A. [R-AZ-9]
Introduced: 2024-06-05
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-06-05
text: Referred to the House Committee on Financial Services.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 8620 IN THE HOUSE OF REPRESENTATIVES June 5, 2024 Mr. Gosar introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Federal Reserve Act to require the Secretary of the Treasury to print $500 Federal reserve notes featuring a portrait of the 45th President of the United States.

1. Short title This Act may be cited as the Treasury Reserve Unveiling Memorable Portrait Act of 2024 or the TRUMP Act of 2024 . 2. Printing of $500 Federal reserve notes The 8th undesignated paragraph of section 16 of the Federal Reserve Act ( 12 U.S.C. 418 ) is amended by adding at the end the following: The Secretary of the Treasury shall print Federal reserve notes in the denomination of $500 and, notwithstanding section 5114(b) of title 31, United States Code, such notes shall feature a portrait of the 45th President of the United States. .