Section 1. Short title
This Act may be cited as the Treasury Reserve Unveiling Memorable Portrait Act of 2024 or the TRUMP Act of 2024.
Section 2. Printing of $500 Federal reserve notes
The 8th undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 418) is amended by adding at the end the following: The Secretary of the Treasury shall print Federal reserve notes in the denomination of $500 and, notwithstanding section 5114(b) of title 31, United States Code, such notes shall feature a portrait of the 45th President of the United States..