Washington: Trump's signature is set to make its historic debut on U.S. dollar bills this summer, as announced by the U.S. Treasury Department. This marks the first instance in history where a sitting president's signature will feature on American currency, a significant change in the design of U.S. banknotes.

According to Thai News Agency, this development is part of the Treasury's commemoration of the 250th anniversary of the United States' Declaration of Independence. The redesigned banknotes will notably remove the signature of the U.S. Treasurer, a role that has been central to the minting and engraving processes since 1861.

The initial rollout will see the $100 bills featuring the signatures of President Donald Trump and Treasury Secretary Scott Bescent begin printing in June, with other denominations following in subsequent months. It is anticipated that these bills will start circulating through the banking system several weeks after production begins.

Currently, the Treasury Department continues printing banknotes with the signatures of former Treasury Secretary Janet Yellen and former Treasurer Lynn Malerba, from President Joe Biden's administration. Malerba's signature will be the last from a Treasurer to appear on U.S. banknotes.

In a press release, Mr. Bescent shared that the decision aligns with the nation's 250th anniversary, highlighting the economic growth and financial stability during President Trump's second term. Previous efforts to feature President Trump on a $1 circulating coin were hindered by regulations prohibiting the depiction of living individuals on coins.