H.R. 8620, also known as the “Treasury Reserve Unveiling Memorable Portrait Act of 2024” or the “TRUMP Act of 2024,” proposes an amendment to the Federal Reserve Act. The bill mandates the Secretary of the Treasury to produce $500 Federal reserve notes that feature a portrait...
Simple Explanation
The bill wants to make new $500 bills with a picture of the 45th President of the United States on them, but some people think doing this might be unnecessary and could make some folks upset because it seems political.