It comes after the former president decried the removal of the Confederate monument in Richmond, Virginia.
The statue's removal comes 131 years after it was erected. The statue will be placed in storage at a state-owned facility while its future is determined.
The ban was issued for "special security reasons," the Federal Aviation Administration said.
The carving on the side of Stone Mountain in Georgia of Jefferson Davis, Robert E. Lee and Stonewall Jackson is the biggest Confederate memorial in the world.
The statue will come down on Wednesday, September 8, 131 years after the statue was put in place. It will be placed in storage until its future is determined.
The city will remove two Confederate statues nearly four years after a white supremacist rally against their initial proposed removal left three dead.
"All of the statues being removed by this bill are statutes of Democrats," House Minority Leader Kevin McCarthy said before voting in favor of the bill.
A bust of Roger Taney would be replaced by one of Thurgood Marshall, the first Black justice to serve on the Supreme Court of the United States.
A statue honoring Confederate General Robert E. Lee was quietly removed from the U.S. Capitol overnight Sunday, but statues honoring Confederate leaders and others with racist pasts remain—months after leaders of Congress urged their removal.
One of the 19th-century general's descendants recently argued for the statue's removal in a newspaper column that acknowledged Macomb's legacy is closely tied to racism and genocide.
Illinois Democratic Representative Bobby Rush referred to the monuments as "the false idols of the confederacy."
While the Democratic Party did support slavery in its past, the politics of both parties have changed a lot since the Civil War and Civil Rights Era.
Reverend Robert Wright Lee said he supports a bill that proposes removing a statue of his ancestor, Confederate General Robert E. Lee, from Antietam National Battlefield in Maryland.
The shift in public opinion follows the anti-racism and Black Lives Matter demonstrations that have recently swept across the country.
He described citizens who have toppled confederate statues as "rioters ... desecrating monuments to those who fought for unalienable rights."
House Minority Leader Kevin McCarthy introduced the legislation to combat the "leftwing mobs" whom he said are "trying to erase history."
The Ventura City Council cast a 6-0 vote during its meeting Wednesday night to remove a statue of Father Junipero Serra from outside its city hall and relocate it to the Mission San Buenaventura.
Two statues honoring racist figures are already set to come down at the Capitol after Arkansas subs in music legend Johnny Cash and Civil Rights hero Daisy Bates.
American opinions towards police, the Black Lives Matter movement and the removal of Confederate statues depend largely on race and political affiliation.
Trump has repeatedly said that he will not consider any provision to rename U.S. military bases bearing the names of Confederate soldiers.
Statues of Francis Scott Key, the author of "The Star-Spangled Banner" national anthem, and St. Junipero Serra were also toppled in San Francisco alongside the 18th U.S. president.
The man convulsed on the ground and lost "a great amount of blood" after being struck by the monument, according to a witness.
Four statues forming part of a Confederate monument in Portsmouth, around 80 miles outside Richmond, were also pulled down.
The poll by Morning Consult and Politico was conducted amid continuing debates on the displaying of Confederate flags and monuments.
Demonstrators in Bristol tore down the statue of Edward Colston and threw it into the harbor.
"I understand the frustration and the anger that you have. Allow me to finish the job for you," Birmingham Mayor Randall Woodfin told the crowd,
There have been roughly a dozen reports of vandalism to Confederate monuments in symbols in 2019 already.
Two statues of Confederate military generals have been covered in black shrouds since August.