Breaking News: President Trump’s signature will appear on American currency, in a first for a sitting U.S. president.

President Trump’s signature will appear on U.S. dollars later this year, the Treasury Department said on Thursday. The decision to have Mr. Trump’s John Hancock on America’s paper currency represented an unprecedented change, one that the department said was being made in honor of the United States’ 250th anniversary.

Mr. Trump is set to become the first sitting U.S. president to have his signature on the greenback. His name will appear alongside that of Treasury Secretary Scott Bessent. As a result, the U.S. treasurer, whose name has been on the currency for more than a century, will not appear on the currency.

“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,” Mr. Bessent said in a statement.

The addition of Mr. Trump’s signature to dollars is the latest example of the president emblazoning national institutions with his personal brand as he looks to permanently imprint his legacy in American society.

Since retaking the White House last year, Mr. Trump has pushed for the minting of a one-dollar coin featuring his face along with the creation of a commemorative, 24-karat gold coin bearing his image. Mr. Trump also had his name added to the John F. Kennedy Center for the Performing Arts in Washington and his administration has pushed for Washington’s Dulles Airport to be renamed after him.

In his first term, Mr. Trump had his signature added to millions of economic stimulus checks that were mailed to Americans during the pandemic.