The U.S. Treasury Department plans to put President Donald Trump's signature on all new paper currency, breaking from tradition where only Treasury officials' signatures appear. This brazen politicization of our national symbols represents a dangerous erosion of institutional norms that should alarm every American who values democratic traditions.
The U.S. Treasury has appointed Frank Bisignano, a former private sector CEO, to oversee the significant expansion of the Trump Accounts, a tax-advantaged savings program. This consolidation of power over a major government initiative in the hands of a political appointee, while retaining his other substantial roles, raises serious concerns about institutional integrity, accountability, and the long-term politicization of core financial services.
Treasury Secretary Scott Bessent has hired veteran Wall Street economist David Zervos as a counselor, bringing a proponent of lower interest rates and Treasury debt buybacks into the administration's inner circle. This appointment signals a continued and dangerous reliance on Wall Street insiders to shape national economic policy, prioritizing financial market maneuvers over the foundational stability of our democratic institutions and the economic well-being of the American people.
