Can the president put his own likeness on money?
Preface, I am unsure of all the powers the Federal Reserve possess or who controls the Reserve outside of congress.
However it is at the Federal level so I was wondering.
- What control over the Federal Reserve does the president actually have with/out executive orders?
- Could he put himself on some denomination of money or take others out?
united-states president currency federal-reserve executive-order
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
add a comment |
Preface, I am unsure of all the powers the Federal Reserve possess or who controls the Reserve outside of congress.
However it is at the Federal level so I was wondering.
- What control over the Federal Reserve does the president actually have with/out executive orders?
- Could he put himself on some denomination of money or take others out?
united-states president currency federal-reserve executive-order
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
3
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
5
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
2
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
1
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46
add a comment |
Preface, I am unsure of all the powers the Federal Reserve possess or who controls the Reserve outside of congress.
However it is at the Federal level so I was wondering.
- What control over the Federal Reserve does the president actually have with/out executive orders?
- Could he put himself on some denomination of money or take others out?
united-states president currency federal-reserve executive-order
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
Preface, I am unsure of all the powers the Federal Reserve possess or who controls the Reserve outside of congress.
However it is at the Federal level so I was wondering.
- What control over the Federal Reserve does the president actually have with/out executive orders?
- Could he put himself on some denomination of money or take others out?
united-states president currency federal-reserve executive-order
united-states president currency federal-reserve executive-order
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
edited Dec 8 '18 at 14:36
Brythan
67.6k8142231
67.6k8142231
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
asked Dec 7 '18 at 12:21
SCFiSCFi
449221
449221
3
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
5
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
2
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
1
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46
add a comment |
3
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
5
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
2
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
1
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46
3
3
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
5
5
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
2
2
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
1
1
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46
add a comment |
1 Answer
1
active
oldest
votes
As per U.S. Code › Title 31 › Subtitle IV › Chapter 51 › Subchapter II › § 5114 ("31 U.S. Code § 5114 - Engraving and printing currency and security documents")
(b) ... Only the portrait of a deceased individual may appear on United States currency and securities. ...
So, a President cannot put themselves on Money, while they are alive.
Now, let's assume the President somehow finds a legal loophole (e.g. direct to put their face on the bill after they die, and the successor doesn't overturn it). What other limitations or lack thereof are there?
the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. So, President can't put themselves on $1.
as per BBC (can't find a primary source for this yet, but Wikipedia agrees):
The current Secretary of the Treasury is responsible for selecting the lucky few featured on US bills
Since SecTreas is a cabinet position directly reporting to the President, presumably, the answer to your question is "Yes" as far as "can the President generally decide who goes on the bills, within the rules".
Notably, despite the question's suspicions, this has nothing to do with Federal Reserve.
Also, obviously, an Act of Congress can override SecTreas (as it did with $1 bill).
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
|
show 1 more comment
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As per U.S. Code › Title 31 › Subtitle IV › Chapter 51 › Subchapter II › § 5114 ("31 U.S. Code § 5114 - Engraving and printing currency and security documents")
(b) ... Only the portrait of a deceased individual may appear on United States currency and securities. ...
So, a President cannot put themselves on Money, while they are alive.
Now, let's assume the President somehow finds a legal loophole (e.g. direct to put their face on the bill after they die, and the successor doesn't overturn it). What other limitations or lack thereof are there?
the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. So, President can't put themselves on $1.
as per BBC (can't find a primary source for this yet, but Wikipedia agrees):
The current Secretary of the Treasury is responsible for selecting the lucky few featured on US bills
Since SecTreas is a cabinet position directly reporting to the President, presumably, the answer to your question is "Yes" as far as "can the President generally decide who goes on the bills, within the rules".
Notably, despite the question's suspicions, this has nothing to do with Federal Reserve.
Also, obviously, an Act of Congress can override SecTreas (as it did with $1 bill).
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
|
show 1 more comment
As per U.S. Code › Title 31 › Subtitle IV › Chapter 51 › Subchapter II › § 5114 ("31 U.S. Code § 5114 - Engraving and printing currency and security documents")
(b) ... Only the portrait of a deceased individual may appear on United States currency and securities. ...
So, a President cannot put themselves on Money, while they are alive.
Now, let's assume the President somehow finds a legal loophole (e.g. direct to put their face on the bill after they die, and the successor doesn't overturn it). What other limitations or lack thereof are there?
the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. So, President can't put themselves on $1.
as per BBC (can't find a primary source for this yet, but Wikipedia agrees):
The current Secretary of the Treasury is responsible for selecting the lucky few featured on US bills
Since SecTreas is a cabinet position directly reporting to the President, presumably, the answer to your question is "Yes" as far as "can the President generally decide who goes on the bills, within the rules".
Notably, despite the question's suspicions, this has nothing to do with Federal Reserve.
Also, obviously, an Act of Congress can override SecTreas (as it did with $1 bill).
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
|
show 1 more comment
As per U.S. Code › Title 31 › Subtitle IV › Chapter 51 › Subchapter II › § 5114 ("31 U.S. Code § 5114 - Engraving and printing currency and security documents")
(b) ... Only the portrait of a deceased individual may appear on United States currency and securities. ...
So, a President cannot put themselves on Money, while they are alive.
Now, let's assume the President somehow finds a legal loophole (e.g. direct to put their face on the bill after they die, and the successor doesn't overturn it). What other limitations or lack thereof are there?
the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. So, President can't put themselves on $1.
as per BBC (can't find a primary source for this yet, but Wikipedia agrees):
The current Secretary of the Treasury is responsible for selecting the lucky few featured on US bills
Since SecTreas is a cabinet position directly reporting to the President, presumably, the answer to your question is "Yes" as far as "can the President generally decide who goes on the bills, within the rules".
Notably, despite the question's suspicions, this has nothing to do with Federal Reserve.
Also, obviously, an Act of Congress can override SecTreas (as it did with $1 bill).
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
As per U.S. Code › Title 31 › Subtitle IV › Chapter 51 › Subchapter II › § 5114 ("31 U.S. Code § 5114 - Engraving and printing currency and security documents")
(b) ... Only the portrait of a deceased individual may appear on United States currency and securities. ...
So, a President cannot put themselves on Money, while they are alive.
Now, let's assume the President somehow finds a legal loophole (e.g. direct to put their face on the bill after they die, and the successor doesn't overturn it). What other limitations or lack thereof are there?
the Omnibus Appropriations Act of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill. So, President can't put themselves on $1.
as per BBC (can't find a primary source for this yet, but Wikipedia agrees):
The current Secretary of the Treasury is responsible for selecting the lucky few featured on US bills
Since SecTreas is a cabinet position directly reporting to the President, presumably, the answer to your question is "Yes" as far as "can the President generally decide who goes on the bills, within the rules".
Notably, despite the question's suspicions, this has nothing to do with Federal Reserve.
Also, obviously, an Act of Congress can override SecTreas (as it did with $1 bill).
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
edited Dec 7 '18 at 13:08
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
answered Dec 7 '18 at 12:50
user4012user4012
71.1k15158306
71.1k15158306
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
|
show 1 more comment
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
4
4
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
I suppose a President could direct his SecTreas to do this if he dies while in office. SecTreas would probably have to do it quickly, before the new POTUS has time to form a new cabinet and replace him.
– Barmar
Dec 7 '18 at 17:07
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@Barmar it's unlikely to happen then without the approval of the replacement President (presumably the prior VP). The latency in designing the bills, approving the design, creating the plates, distributing plates to the mints, and printing the first bills is long enough that the new President would almost certainly have time to stop it if he/she cared to.
– asgallant
Dec 7 '18 at 20:15
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant Of course. The sitting POTUS would have to direct the Treasury to perform all that preparation before he dies, which would be quite expensive for "just in case". Maybe if he knows he has a fatal disease.
– Barmar
Dec 7 '18 at 20:32
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
@asgallant I'd imagine he could get the ball rolling on the design if someone were nearing death and expected to be honored with a bill after he passes.
– Barmar
Dec 7 '18 at 21:12
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
Keep in mind that JFK appeared on the half dollar coin VERY soon after his death. While the engravings needed for paper money are different than those needed for coinage, the fact the JFK half dollar was minted about 2 months after his death means a sitting president who presumably had a terminal illness might be able to get a change in place before their replacement was able to undo things.
– Julie in Austin
Dec 7 '18 at 21:19
|
show 1 more comment
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3
Executive orders are not mandates such as decrees. Executive Orders are orders to enforce or ignore existing laws to law enforcement officials.
– Frank Cedeno
Dec 7 '18 at 15:23
5
As a non native speaker I was confused first what does this 'idiom' mean. Didn't expect the meaning to be literal... :)
– mpasko256
Dec 7 '18 at 21:10
2
@FrankCedeno An Executive Order is an order to members of the executive branch. It can be to enforce or ignore a law, or to do anything else, and it can be to anyone in the executive branch, not just LEO.
– Acccumulation
Dec 7 '18 at 21:21
"He's as crooked as a Three-Dollar bill" "Actually, he on them now."
– Davy M
Dec 8 '18 at 2:00
1
@Acccumulation, Incorrect, the executive order is strictly for the enforcement of existing laws (or the manner of enforcement). For other orders to the executive branch, the President will use updates to the CFR or other memos. While there is some minor cross over, he cannot decree a new law using Executive order.
– Frank Cedeno
Dec 10 '18 at 16:46