Steven Mnuchin: Harriet Tubman $20 Bill Redesign Delayed Until Trump Leaves Office
While 2020 expected to unveil a $20 bill redesign featuring Harriet Tubman, U.S. Treasury Secretary Steven Mnuchin confirmed Wednesday (May 22) that this won’t happen until Donald Trump is out of office.
In 2016, the Obama administration’s Jack Lew announced that the 19th century abolitionist would be featured on the front of the bill, with President Andrew Jackson on the back.
Speaking on the bill, Mnuchin says, “The primary reason we’ve looked at redesigning the currency is for counterfeiting issues. Based upon this, the $20 bill will now not come out until 2028. The $10 bill and the $50 bill will come out with new features beforehand. So, the answer is: It is my responsibility now to focus on what is the issue of counterfeiting and the security features. The ultimate decision on the redesign will most likely be another secretary’s down the road.”
On whether he supported Tubman being on the bill, he ays, “I’ve made no decision as it relates to that, and that decision won’t be made, as I said, mostly until 2026.”