WASHINGTON D.C. — President Donald Trump is adding his name to U.S. dollar bills, the first time a sitting president's signature will appear on paper currency. Trump's signature will go on the bills in honor of the country's 250th anniversary.

The first $100 bills with Trump's signature and Treasury Secretary Scott Bessent's signature will be printed in June, followed by other denominations in subsequent months. The treasurer's signature will be removed from U.S. paper currency for the first time since 1861.

"The President's mark on history as the architect of America's Golden Age economic revival is undeniable. Printing his signature on the American currency is not only appropriate, but also well deserved," Treasury Secretary Scott Bessent said in a statement.

Bessent added in his statement: "Under President Trump's leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability. There is no more powerful way to recognize 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."

"As the 250th anniversary of our great nation approaches, American currency will continue to stand as a symbol of prosperity, strength, and the unshakable spirit of the American people under President Trump's leadership," U.S. Treasurer Brandon Beach said in a statement.

Since it was first printed in 1861, U.S. paper currency has featured the signatures of the treasury secretary and the treasurer. The change marks a departure from more than 160 years of tradition in American currency design.

A federal commission of Trump-appointed members recently approved a design to include Trump's image on 24-karat commemorative gold coins honoring the country's 250th anniversary. The design for the 24-karat commemorative gold coins featuring Trump's image still requires official approval from the Treasury. In 2020, Trump stamped his name onto Covid stimulus checks that gave direct cash payments to Americans during the pandemic.