Trump’s signature on dollar bills sparks backlash; social media blasts US president for ‘self-conduct’

According to Reuters, the first batch of $100 bills bearing Trump’s signature will begin printing in June.

This is the first time a sitting U.S. president’s signature has appeared on official currency. The treasurer’s signature will be removed for the first time since 1861 to make room for the change.

according to U.S. Treasury Departmentthis change is to commemorate the upcoming 250th anniversary of the founding of the United States.

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Some social media users linked economic concerns to the move. “The dollar is losing value and now it has also lost its original signature. This year’s bills are going to be a tough year,” another user wrote.

Robin Brooks, a senior fellow in the Global Economics and Development Program at the Brookings Institution, writes about the impact of a weaker dollar on financial conditions. “A weaker dollar would loosen global financial conditions and – if anything – increase demand from around the world. [emerging market] central bank treasury bonds. “

One user expressed skepticism about a weak dollar, writing: “Such a precedent undermines the tradition of institutional detachment that helps maintain trust in the dollar as a global reserve asset. It raises legitimate questions about whether governance is subordinated to individual self-expression.”

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In more image-based reactions to the news, one user pictured the infamous card posted by The Washington Post wishing Epstein a happy birthday and bearing his signature. One comment read: “This signature?”

Another user mentioned Epstein, wrote“Trump didn’t direct the Justice Department to prosecute Epstein/Maxwell clients. Now, he’s going to sign a dollar bill. I don’t want any money in my wallet with that guy’s signature.”

However, some voices took a more cautious stance, calling the move a noteworthy but not necessarily destabilizing change.

a reaction famous“This is the first time the signature of a sitting U.S. president has appeared alone on a dollar bill, replacing the signature of the Treasury Secretary. It’s a symbolic shift in the way currency is branded. It will be curious to see how effective it is in the long term and what it signals to monetary norms.”