The U.S. Treasury Department announced today that President Donald Trump’s signature will be added to all new U.S. paper currency.

The move marks the first time a sitting president’s name will appear on paper bills. Traditionally, U.S. currency carries the signatures of the Treasury secretary and the treasurer — not the president.

The Treasury said the change is being made in honor of the 250th anniversary of the United States. Trump’s signature will appear alongside that of Treasury Secretary Scott Bessent.

The first $100 bills bearing Trump’s signature and Bessent’s are expected to be printed in June, with other denominations to follow in subsequent months. The Bureau of Engraving and Printing is responsible for producing all U.S. paper currency.

The addition of Trump’s signature also means removing the Treasurer of the United States’ signature from bills for the first time in 165 years.

Bessent called the move an appropriate recognition of the nation’s milestone anniversary. Treasurer Brandon Beach said Trump’s impact on the country’s economy made the decision fitting.

The plans also come alongside an ongoing effort to place Trump’s image on a commemorative coin. A federal arts commission earlier this month approved a final design for a 24-karat gold commemorative coin bearing Trump’s likeness to mark America’s 250th birthday on July 4.