Biden’s Treasury will seek to put Harriet Tubman on the $20 bill, an effort the Trump administration halted. - News Summed Up

Biden’s Treasury will seek to put Harriet Tubman on the $20 bill, an effort the Trump administration halted.


President Biden’s Treasury Department is studying ways to speed up the process of adding Harriet Tubman’s portrait to the front of the $20 bill after the Trump administration allowed the Obama-era initiative to lapse, Jen Psaki, the White House press secretary, said on Monday. The decision to have Ms. Tubman replace Andrew Jackson as the face of the $20 note was set in motion in 2016 by the Treasury secretary at the time, Jacob Lew. Mr. Mnuchin said that notes with new imagery could not be put into circulation until 2028 and that a future Treasury secretary would make the call whether to replace Jackson. The Treasury Department, which Mr. Biden has nominated Janet L. Yellen to lead, plans to accelerate that timeline. “The Treasury Department is taking steps to resume efforts to put Harriet Tubman on the front of the new $20 notes,” Ms. Psaki said.


Source: New York Times January 25, 2021 19:41 UTC



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