This bill amends federal law to prohibit the inclusion of a sitting President’s signature on United States currency and securities.
Jimmy Gomez
Representative
CA-34
This bill amends federal law to prohibit the inclusion of a sitting President’s signature on any United States currency or securities. The restriction can only be bypassed if a future law is enacted that explicitly authorizes such a signature and references this specific prohibition.
This bill makes a straightforward change to the way our money looks by amending Title 31 of the U.S. Code. It explicitly prohibits the issuance of any United States currency—think the bills in your pocket—or federal securities that feature the signature of a sitting President. Under current rules, your cash typically features the signatures of the Treasurer and the Secretary of the Treasury, but this legislation draws a hard line in the sand to ensure the person currently in the Oval Office doesn't end up on the face of a twenty-dollar bill or a savings bond while they are still in power.
The core of this legislation is found in the prohibition on presidential signatures. It effectively creates a permanent 'no-fly zone' for a President’s autograph on any financial instrument issued by the government. For a small business owner handling cash daily or a worker receiving a physical paycheck, the currency remains exactly the same in terms of value and utility. The change is purely about the branding of the money itself. By keeping the sitting President’s name off the currency, the bill aims to maintain a level of institutional neutrality, ensuring that the money we use to pay rent or buy groceries doesn't become a tool for executive self-promotion or political messaging.
One of the most interesting parts of this bill is the 'Waiver Requirement.' It isn't just a suggestion; it’s a lockbox. If a future administration decided they really wanted the President’s signature on a new series of bonds, they couldn't just change a departmental memo. The bill specifies that this prohibition can only be waived if Congress passes a brand-new law that explicitly authorizes the signature and specifically references this prohibition to override it. This adds a layer of bureaucratic friction that makes it much harder for any single leader to put their personal stamp on the national treasury without a full debate in the House and Senate.
In practical terms, this bill doesn't change the cost of living or how you file your taxes. However, it does address a subtle aspect of government accountability: the separation of the office from the individual. For someone investing in U.S. Treasury bonds for their retirement, this ensures those securities remain symbols of the country’s credit rather than the current administration’s brand. By setting these ground rules now, the bill prevents the politicization of the physical objects that represent our economy, keeping the focus on the stability of the currency rather than the person currently occupying the White House.