Congressman Paul A. Gosar, D.D.S. (AZ-09) has introduced H.R. 8620 in a press release, known as the Treasury Reserve Unveiling Memorable Portrait (TRUMP) Act. This legislation mandates the Secretary of the Treasury to issue $500 Federal Reserve notes featuring a portrait of former President Donald J. Trump.
Gosar emphasized the practical advantages of issuing $500 bills during an era of rising inflation under the Biden administration. “As Bidenflation continues to devalue our currency, the issuance of $500 bills featuring President Trump offers several practical advantages,” said Gosar.
CBDCs, BRICS, and De-Dollarization Efforts Accelerate Ahead of Probable Return of Trump
He outlined key benefits, such as empowering Americans with more tangible options for saving and trading. The absence of large-denomination currency forces reliance on digital banking, which is more susceptible to surveillance and censorship.Additionally, Gosar noted the potential for significant revenue generation from […]
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