WATCH: Treasury Secretary Scott Bessent Holds Up “Terribly Written, Terribly Edited” WaPo Article and NUKES CNN’s Kaitlan Collins Over Trump $250 Bill Treasury Secretary Scott Bessent criticized the Washington Post’s reporting on a proposed $250 bill with Donald Trump’s face, calling the article “terribly written” and “terribly edited.” Bessent confirmed the Treasury is preparing a draft of the banknote for potential production if Congress passes legislation for it, emphasizing that this is a matter for Congress and part of plans for the nation’s 250th anniversary. He engaged in a back-and-forth with CNN’s Kaitlan Collins, who questioned the political wisdom of the proposal amid economic struggles.

• Treasury Secretary Scott Bessent described a Washington Post article about a potential $250 bill with Trump’s face as “terribly written” and “terribly edited.”
• The Washington Post report alleged that Trump administration officials are pressuring the Treasury’s Bureau of Engraving and Printing (BEP) to design the bill.
• Legislation for a $250 bill to commemorate the nation’s 250th anniversary was introduced last year but has not advanced.
• Bessent confirmed the Treasury is preparing a draft of the banknote for production if Congress passes the bill.
• CNN’s Kaitlan Collins questioned the political timing of the proposal, given economic struggles, but Bessent insisted preparation is necessary and that having the former president on the bill for the anniversary is not untoward.
• Bessent stated that the decision to create the bill rests with the House and Senate, not the President.