Article snippet: Treasury Secretary Steven Mnuchin admitted under questioning from Representative Ayanna Pressley on Wednesday that a redesigned $20 bill featuring abolitionist leader Harriet Tubman will not be unveiled next year, pushing off a change initiated by his predecessor in the Obama administration. During a congressional hearing Wednesday, Mnuchin said the redesign would not be finalized until “way past my term,” in 2026. Mnuchin said he was focused on improving the currency to prevent counterfeiting. “We will meet the security feature redesign in 2020, the imagery feature will not be an issue that that comes up until, most likely, 2026,” he said during an appearance before a hearing of the House Financial Services Committee. He repeatedly demurred when asked by Pressley whether Tubman should eventually replace Andrew Jackson on the front of the $20 bill. She would become the first woman in more than a century and first African-American to appear on a US paper banknote. “I’ve made no decision as it relates to that,” he said. Treasury Secretary Jack Lew announced in 2016 that a portrait of Tubman would appear on the front of the $20 bill, replacing Jackson, whose image would move to the back. The decision was cheered by many who said Jackson’s image on the $20 bill honored a slave-owning president whose policies resulted in the deaths of thousands of Native Americans. Final designs were set to be unveiled next year, in time for the 100th anniversary of the ratification... Link to the full article to read more
Ayanna Pressley asked Steven Mnuchin when Harriet Tubman would be put on the $20. He didn’t know - The Boston Globe
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