H.R. 8174: To amend title 31, United States Code, to prohibit the issuance of United States currency and securities containing the signature of the sitting President.

The bill aims to amend U.S. law regarding the issuance of currency and securities. Specifically, it seeks to prohibit any currency or government securities from being issued that bear the signature of the sitting President of the United States. Here’s a breakdown of the key points in the bill:

Prohibition on Presidential Signatures

The bill adds a provision to Section 5114(b) of Title 31 of the United States Code, stating that:

• United States currency and securities cannot include the signature of an individual who is currently serving as President.

Waiver of Prohibition

The only way to bypass this prohibition, as outlined in the bill, would be through a specific law passed after the enactment of this bill. This law would need to:

• Explicitly authorize the issuance of currency or securities with the President’s signature.
• Reference the prohibition directly in order to waive it.

Impact of the Bill

The bill directly impacts the way U.S. currency and securities are issued, emphasizing a significant separation between the role of the President and the currency of the nation. This change would establish a standard that would last for any sitting President from the date of enactment onward.

Relevant Companies

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