Ronald Reagan on the $50? North Carolina Congressman Wants to Switch Out Ulysses S. Grant

Ronald Reagan on the $50? North Carolina Congressman Wants to Switch Out Ulysses S. Grant

Ronald Reagan's name is etched on many things across this country, including an airport, a freeway, an aircraft carrier and a federal building in Washington. And now, a U.S. Congressman from North Carolina thinks it's a good idea to add Reagan's likeness to the $50 bill, too.

Rep. Patrick T. McHenry (R-N.C.) is advocating for replacing General Ulysses S. Grant's image with Reagan's likeness. McHenry cites that Reagan consistently outranks Grant in polls of presidential scholars, and says that "every generation needs its own heroes."

A proposal for the change has been sent to the House Financial Services Committee, with 13 Republican co-sponsors supporting the bill.

This is the third attempt in getting Reagan's mug of some form of currency. An earlier proposal to get his face on the dime, replacing FDR, was rejected by Democrats. Then, Republicans tried to get him on the $20 bill in place of Andrew Jackson, and Tennessee lawmakers weren't having it. A 2005 attempt to put Reagan on the $50 bill never made it out of the House Financial Services Committee, which ironically, was controlled by Republicans at the time.

If efforts to get the former president on any kind of money are unsuccessful, at least there might be a consolation prize: The L.A. Times reports that "efforts are underway in California and Nevada to name mountains after Reagan."

Reagan posthumously celebrates his 100th birthday on February 6 of next year.


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