Republican Rep. Paul Gosar of Arizona introduced legislation that would put former President Trump's portrait on a proposed $500 Federal Reserve note.
A Republican lawmaker wants to resurrect an out-of-print dollar bill denomination and put former President Trump's face on it. 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 Act.
Altogether, the report indicates that while inflation has fallen considerably from a peak of 9.1%, it remains well above the Fed's 2% target. Gosar's argument is that while prices remain uncomfortably high for many Americans, the reintroduction of Federal Reserve notes at higher denominations will help people carry cash needed to make purchases. GET FOX BUSINESS ON THE GO BY CLICKING HERE Historically, U.S.
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