House Republican proposes to put former President Donald Trump on $500 bill

The House Republicans are at it again, turning the political landscape into a circus. This time, they’ve proposed putting former President Donald Trump on a $500 bill.

Rep. Paul Gosar, R-Ariz., on Wednesday filed legislation to have the Federal Reserve print a $500 note featuring the 45th president. His bill is called the “Treasury Reserve Unveiling Memorable Portrait (TRUMP) Act.”

“As Bidenflation continues to devalue our currency, the issuance of $500 bills featuring President Trump by the Treasury offers several practical advantages,” Gosar said in a news release.

The last version of a $500 bill featured a portrait of President William McKinley and was printed in 1945. The denomination was discontinued 24 years later, according to the Bureau of Engraving and Printing.

Historically, U.S. currencies in higher denominations than $100 were used by banking institutions for large money transactions, but by 1969 technology had outpaced the need for large bills. The largest U.S. dollar denomination ever printed was the $100,000 Gold Certificate, which featured a portrait of President Woodrow Wilson, who created the Federal Reserve in 1917.

The Trump campaign did not immediately respond to a request for comment