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Treasury Appointees Push To Put Trump's Face On A Brand-New $250 Bill
Two political appointees at the Treasury Department spent months pressing Bureau of Engraving and Printing staff to develop prototypes for a $250 bill bearing Donald Trump's portrait, even as bureau officials repeatedly warned them the project had no legal foundation and could take nearly a decade to execute properly, the Washington Post reports.
U.S. Treasurer Brandon Beach and senior adviser Mike Brown, both political appointees, began pushing bureau staff last year to prepare designs for the note. Beach handed over mock-up materials in August and September, including a design placing Trump's face at the center of the bill, flanked by Trump's and Treasury Secretary Scott Bessent's signatures. The effort would mark the first time a living person appeared on U.S. currency since 1866, and current employees, speaking anonymously out of fear of retaliation, claim the internal pressure was real.
The artist behind the designs, British painter Iain Alexander, said he discussed the project directly with Trump and received feedback on specifics. "He likes to call me his favorite British artist," Alexander said.
Trump reportedly pushed for American flag colors and a "250" logo tied to the nation's semiquincentennial, and Alexander said Trump "absolutely loved" the proposed reverse side of the note, which would feature a women's liberation theme with Betsy Ross.
Bureau director Patricia "Patty" Solimene, a 24-year Army veteran and the first woman to lead the bureau, told Beach and Brown plainly that the project was unauthorized. One employee described her position this way: "She had told them we're not authorized to do this. We can't progress any further, and all the stakeholders have not even met to discuss the next steps." The same employee noted that "currency often takes six to eight years to produce a new bill, particularly one of such high value."
Solimene was reassigned from her position on April 27. The following day, she sent a farewell email to staff that read, in part, "The buck stopped here," and acknowledged the move was "not my choice." Brown subsequently became the bureau's acting director. Treasury declined to comment on the circumstances of Solimene's reassignment, and the White House did not respond to requests for comment.
Legally, the proposed bill faces several obstacles. Federal law restricts living individuals from appearing on U.S. currency, a rule that has been on the books for over 150 years. Beyond the portrait question, the bureau is authorized to produce only specific denominations, and $250 is not among them. Former bureau director Larry R. Felix explained that "a $250 note is not statutorily authorized" without congressional action, adding, "The secretary has to be given authority to do that." Alexander said he, too, had been told legislation was necessary.
And it is unlikely that Congress would approve it. Rep. Joe Wilson (R-S.C.) previously introduced a bill in February 2025 directing the Treasury to issue $250 Federal Reserve notes featuring Trump's image, tied to the 250th anniversary celebrations beginning in July. The bill stalled in the House Financial Services Committee and did not receive a hearing.
A department spokesperson said the bureau is "conducting appropriate planning and due diligence" and would proceed with a commemorative $250 note only if Congress passes the required legislation. Treasury also said Beach has "never asked staff to print the bill before congressional passage." At the same time, the department confirmed Bessent would recognize Trump's "historic achievements" by adding his signature to existing currency, noting no law prohibits a sitting president's signature on bills. Solimene and her staff had separately agreed to print $100 bills featuring Trump's signature, which employees said were already in production at the bureau's Washington facility.
What's next?
Tyler Durden Thu, 05/28/2026 - 17:20DOJ Launches Criminal Probe Into E. Jean Carroll Over Alleged Perjury In Trump Lawsuits
The Department of Justice has opened a criminal investigation into E. Jean Carroll, the veteran advice columnist and author who won two major civil lawsuits against President Donald Trump, CBS News reports. Carroll accused Trump of sexually abusing her in a Bergdorf Goodman dressing room in the mid-1990s and then defaming her when he denied the encounter ever happened.
The probe focuses on Carroll's 2022 deposition. She stated under oath that no outside parties were helping fund her cases. Later it came out that a nonprofit backed by billionaire Reid Hoffman – a sharp Trump critic and major Democratic donor – had covered some of her costs.
The investigation is being handled by the U.S. Attorney’s Office in the Northern District of Illinois, led by Trump-appointed Andrew Boutros. No charges have been brought yet, and Acting Attorney General Todd Blanche has stepped aside from the matter.
The Core Allegation: A Deposition DiscrepancyDuring her October 2022 deposition, when asked directly if anyone else was paying her legal fees, Carroll said she was on a contingency arrangement with her lawyers and denied any outside funding. But in April 2023, her team disclosed that money had come from American Future Republic, a nonprofit largely funded by LinkedIn co-founder Reid Hoffman.
Her lawyers called it an honest oversight – she simply forgot about the arrangement at the time. Trump’s side, however, called it suspicious and potentially damaging to her credibility.
The Carroll-Trump VerdictsThe lawsuits ended with big wins for Carroll:
- In 2023, a jury held Trump liable for sexual abuse and defamation, awarding Carroll about $5 million.
- In 2024, a second jury slapped him with an $83.3 million defamation verdict.
Trump has vigorously appealed both outcomes, describing the entire process as a politically driven effort against him.
The Reid Hoffman ConnectionReid Hoffman has never hidden his dislike for Trump, and he’s poured tens of millions into Democratic causes over the years. He defended funding Carroll’s case as a way to make sure an ordinary person could afford to take on someone as powerful as a former president.
As the NLPC noted in March of 2025:
Through yet another nonprofit (or possibly the same one), Hoffman also paid the legal bills for Trump accuser E. Jean Carroll, who sued him for defamation over her allegations of rape against him going back to the 1990s. To set the stage for the lawsuit to be able to move forward – through yet another secretive nonprofit group backed by Hoffman – Carroll told CNN that she helped New York Democrats to pass a new law in 2022 to extend the statute of limitations for sexual assault civil lawsuits beyond 20 years, which enabled her to sue President Trump during a one-year window. And Hoffman also said last year, just days before the assassination attempt in Butler, Pa., that he wished he could have made Trump a real “martyr.”
The investigation is still in its early days. Prosecutors will be digging through transcripts, financial records, emails, and anything else that might show whether Carroll intentionally misled the court.
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Next Drone War: Hidden Shipping Containers Launching Kamikaze Swarms
Continuing our theme that the endgame in drone warfare is nowhere near complete, and in many ways is only just beginning, a U.S. company called DZYNE Technologies has developed a containerized mass-launch system for kamikaze drones.
Under the guise of a regular shipping container, DZYNE's BlitzBox signals the next phase of drone wars: not just cheaper drones, but the ability to launch them at scale from concealed, mobile, and rapidly deployable platforms.
The American company Dzyne has introduced the BlitzBox system, a container for covertly launching a swarm of attack drones. On the outside, it looks like an ordinary cargo box, but inside, it can hold up to 100 Blitz drones, ready to launch in minutes.#DroneWars #UAS #UAV pic.twitter.com/w9aRaZYrCZ
— Drone Wars (@Drone_Wars_) May 27, 2026The battlefield is shifting from individual launches to containerized swarm warfare, where dozens or even hundreds of low-cost suicide drones can be launched in waves to overwhelm some of the most advanced air defense systems, strike high-value assets, or generate mass effects at relatively low cost.
DZYNE's Connor Toler told defense tech outlet TWZ that BlitzBox can be operated with as much human control or automated functionality as the mission requires.
Toler noted that DZYNE is working on a 40-foot shipping container capable of launching upwards of 100 one-way attack drones.
He added that DZYNE has already "worked with several customers across the DOW [Department of War]" regarding the BlitzBox.
The drone playbook with BlitzBox appears similar to Ukraine's move about a year ago, where a box truck full of attack drones was deployed deep within Russia to strike several long-range bombers on the tarmac of a military base.
Asymmetric and irregular warfare is shifting into hyperdrive. As we've noted, Ukraine has become the world's AI weapons laboratory, and the drone wars are still only in their opening chapters.
Tyler Durden Thu, 05/28/2026 - 16:40