World
Trump signature to appear on US currency, ending 165-year tradition
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
U.S. paper currency will bear President Donald Trump’s signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday.
The redesigned notes, planned to mark the 250th anniversary of American independence, will also for the first time in 165 years drop the signature of the U.S. treasurer, who reports to the Treasury Secretary and oversees the Bureau of Engraving and Printing, the U.S. Mint and other Treasury functions, Reuters reported.
The first $100 bills with Trump’s signature and that of U.S. Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
Malerba will be the last of an unbroken line of treasurers whose signatures have appeared on U.S. federal currency since 1861, when the U.S. government first issued it.
The signature change is the latest effort by the Trump administration and its allies to put the president’s name on buildings, institutions, government programs, warships and coins. A federal arts panel, whose members Trump appointed, approved last week the design for a commemorative gold coin with Trump’s image.
Bessent said in a statement that the move was appropriate for the U.S. 250th anniversary, given strong U.S. economic growth and financial stability during Trump’s second term, read the report.
“There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the Semiquincentennial,” Bessent said.
An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on U.S. coins.
A statute governing the printing of Federal Reserve notes gives the Treasury broad discretion to change designs to guard against counterfeiting. The law requires keeping certain elements, including the words “In God We Trust,” and only allows portraits of deceased individuals.
The overall designs of bills will not change, except for Trump’s signature replacing the Treasurer’s, Treasury officials said. A mock-up of the $100 bill with Trump’s signature was not immediately available.
Malerba, the former treasurer, declined comment on the Trump administration’s move.
Her predecessor, Jovita Carranza, who served as treasurer in Trump’s first term, called the change “a powerful symbol of American resilience, the enduring strength of free enterprise and the promise of continued greatness.”
The current treasurer, Brandon Beach, whose name has not appeared on the currency, also issued a supportive statement, saying Trump was the architect of a “golden age economic revival.”
World
Norway to give over $9 billion to Ukraine in 2027
Norwegian Prime Minister Jonas Gahr Stoere and leaders from across the Nordic and Baltic region are visiting Kyiv on Sunday in a show of support for Ukraine in the war with Russia.
Norway plans to give another 85 billion Norwegian crowns ($9.2 billion) in financial support to Ukraine in the 2027 fiscal year, in line with the amount given in 2026, the Nordic country’s government said in a statement on Sunday.
Norwegian Prime Minister Jonas Gahr Stoere and leaders from across the Nordic and Baltic region are visiting Kyiv on Sunday in a show of support for Ukraine in the war with Russia.
Norway plans to give another 85 billion Norwegian crowns ($9.2 billion) in financial support to Ukraine in the 2027 fiscal year, in line with the amount given in 2026, the Nordic country’s government said in a statement on Sunday.
Norwegian Prime Minister Jonas Gahr Stoere and leaders from across the Nordic and Baltic region are visiting Kyiv on Sunday in a show of support for Ukraine in the war with Russia.
Russia and Ukraine are both ramping up drone campaigns aiming to cripple each other’s economic infrastructure, often striking targets far beyond the frontlines of the war started by Moscow, as fighting on the battlefield grinds toward the 4-1/2-year mark.
World
Israel strikes southern Syria; Damascus condemns attack
Israeli troops continue to operate in southern Syria, and Israel occupies territory in southwest Syria it seized after the toppling of Bashar al-Assad in December 2024.
Israel said it targeted a “terrorist” in southern Syria on Saturday in what Syria’s foreign ministry said was a drone strike on a civilian vehicle on the outskirts of Damascus in a “blatant” violation of its territory.
The Syrian foreign ministry said the drone had hit a civilian car on a road near Beit Jinn village in the countryside west of the capital, which caused injuries amongst civilians.
Syrian state TV reported one person was injured.
The Israeli military said in a statement that it fired in southern Syria toward what it described as a terrorist, whose activity posed an immediate threat to its soldiers. It did not say how it fired.
Tensions between Israel and Syria flared up this week after Israel bombed an airbase in the northwest on Tuesday, an escalation U.S. special envoy to Syria, Tom Barrack, called “unnecessary.”
Syria’s foreign ministry said the strike was part of a pattern of repeated Israeli attacks on Syrian territory, and was a “blatant violation” of its sovereignty. It held Israel accountable for the consequences of such actions.
Israeli troops continue to operate in southern Syria, and Israel occupies territory in southwest Syria it seized after the toppling of Bashar al-Assad in December 2024.
World
Trump says Iran ‘Not Ready’ for the right deal as war nears six-month mark
The continuing US-Israeli strikes on Iran, along with Israeli attacks on Lebanon, have reportedly killed thousands of people and displaced millions across the region.
US President Donald Trump has said he does not believe Iran is ready to make what he described as the “right deal,” as the war between Tehran and Washington approaches its six-month mark, Reuters reported.
Speaking to reporters on Friday, Trump said the United States was continuing to assess developments in the conflict when asked whether Washington’s military options against Iran had become limited.
“It just means that we’re seeing what happens,” Trump said.
Trump also claimed that the United States had “total control” over the region surrounding the Strait of Hormuz, a strategically vital waterway that previously carried around one-fifth of global oil and liquefied natural gas supplies before the US and Israel launched attacks on Iran on February 28.
“They would love to make a deal, but they’re not ready to make the right deal, in my opinion,” Trump said.
The remarks come after Washington pledged this week to impose what it described as the toughest financial penalties in history against Iran, with the stated aim of increasing pressure on the country’s leadership, read the report.
US Treasury Secretary Scott Bessent said further details of the planned sanctions would be announced on Monday, following Trump’s warning that any country providing “any type of lifeline” to Iran could face serious economic consequences.
Meanwhile, disruptions to energy shipments through the Strait of Hormuz have continued as Iran retains missile and drone capabilities that have affected oil tanker traffic in the waterway.
Iran responded to the initial attacks on February 28 with strikes on Israel and Gulf states hosting US military bases.
The continuing US-Israeli strikes on Iran, along with Israeli attacks on Lebanon, have reportedly killed thousands of people and displaced millions across the region.
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