Treasury Sec. Scott Bessent has confirmed rumors that his department has prepared prototypes of a $250 bill featuring the president’s face, though an act of Congress would be needed to actually make such a bill a reality.

No portrait of a living person has been included on a U.S. bill or coin since 1866 — when then-Superintendent of the National Currency Bureau Spencer M. Clark printed his own face on a five-cent note, prompting Congress to pass an amendment ensuring that currency could only feature those who are deceased.

Speaking to Fox News’s Peter Doocy in the White House press briefing room on Thursday, Bessent acknowledged that…

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