Rep. Paul Gosar Proposes $500 Bill Featuring Trump

The TRUMP Act aims to reintroduce large-denomination currency, highlighting practical and collector benefits amid inflation concerns.

Gosar's bill would amend the Federal Reserve Act to include $500 bills with Trump's portrait.
The proposal argues that larger bills provide more tangible options for saving and transactions.
Gosar claims the bills could reduce reliance on digital banking, which he views as vulnerable to surveillance.
Collectors might find the $500 Trump bills highly desirable, potentially increasing government revenue.
The legislation faces significant hurdles, with Democrats controlling the Senate and the White House.