Ohhhh what will happen to those Americans who are too poor to have postal service to their place of abode?
Paper money
American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100.
The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills. But they are still legal tender and may still be in circulation.
The U.S. Bureau of Engraving and Printing creates U.S. paper currency. Learn about paper money and how to recognize counterfeit currency
PHASING OUT PAPER CHECKS: Today, President Donald J. Trump signed an Executive Order to modernize how the government handles money, switching from old-fashioned paper-based payments to fast, secure electronic payments.
- The Order mandates that, effective September 30, 2025, the Federal government will cease issuing paper checks for all disbursements, including intragovernmental payments, benefits, vendor payments, and tax refunds.
- All executive departments and agencies must transition to modern, electronic funds transfer (EFT) methods like direct deposit, debit/credit card payments, digital wallets, and real-time transfers.
- Payments made to the Federal government, such as fees, fines, loans, and taxes, must also be processed electronically where permissible under existing law.
- Treasury will phase out physical lockbox services and expedite electronic collection of Federal receipts.
- A comprehensive public awareness campaign will be launched to inform Federal payment recipients of the shift to electronic options and offer guidance on setting up digital payments.
- Exceptions will be made for people without banking or electronic payment access, certain emergency payments, certain law enforcement activities, and other special cases qualifying for an exception under the Order or other existing law.
- This Executive Order does not establish a Central Bank Digital Currency (CBDC).
DEFENDING AGAINST FINANCIAL FRAUD AND IMPROPER PAYMENTS: President Trump is cracking down on waste, fraud, and abuse in government by modernizing outdated paper-based payment systems that impose unnecessary costs, delays, and security risks.
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https://www.coinworld.com/news/paper-money/bill-calls-for-250-note-to-be-issued-with-trump-portrait
https://www.coinworld.com/images/default-source/news/trump-note-lead.jpg?sfvrsn=d65372d3_3
President Donald J. Trump would become the first living American president to have his likeness appear on United States paper money if legislation introduced Feb. 27 in the House were to become law.
Living individuals are currently prohibited from appearing on any U.S. currency, whether coins or notes.
Rep. Joe Wilson, R-South Carolina, introduced H.R. 1761, the “Donald J. Trump $250 Bill Act,” that calls for the Bureau of Engraving and Printing to design and print a legal tender $250 denominated Federal Reserve note that illustrates a visage of the 47th president of the United States. H.R. 1761 seeks to amend the Federal Reserve Act to accommodate the printing.
“It is the sense of Congress that $250 bills with the portrait of Donald J. Trump be printed to commemorate the semiquincentennial of the United States,” according to the H.R. 1761 text.
