Daily Archives: March 3, 2010
Gold Rises to Fresh Six-Week High, Silver Advances
Legislation Proposed to Place Ronald Reagan on the $50 Bill
A newly introduced House Resolution, if passed, would replace President Ulysses S. Grant's portrait on the $50 bill with an image of President Ronald Reagan.
The President Ronald Reagan $50 Bill Act, numbered H.R. 4705, was introduced by Rep. Patrick McHenry (R-NC) on February 25, 2010.
"Every generation needs its own heroes. One decade into the 21st century, it's time to honor the last great president of the 20th and give President Reagan a place beside Presidents Roosevelt and Kennedy," said Congressman McHenry. "President Reagan was a modern day statesman, whose presidency transformed our nation's political and economic thinking."
President Roosevelt is featured on the dime and President Kennedy on the half-dollar.