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- Jun 27, 2011
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The Treasury Department plans to announce Wednesday that the new $20 bill will feature abolitionist Harriet Tubman, replacing former President Andrew Jackson.
A Treasury official confirmed the planned announcement to Fox Business Network. It would make Tubman the first woman on U.S. paper currency in 100 years.
Politico also reported that Alexander Hamilton will remain on the front of the $10 bill, and other design changes are also being rolled out.
The expected announcement from Treasury Secretary Jack Lew follows a heated debate ever since he said last summer the government planned to incorporate a woman on the $10 bill.
Lew's initial announcement set off a firestorm of protests from supporters of Hamilton, the first Treasury secretary. They argued that the founding father had molded the nation's financial architecture and should not be removed from his rightful place on the currency.
A Treasury official confirmed the planned announcement to Fox Business Network. It would make Tubman the first woman on U.S. paper currency in 100 years.
Politico also reported that Alexander Hamilton will remain on the front of the $10 bill, and other design changes are also being rolled out.
The expected announcement from Treasury Secretary Jack Lew follows a heated debate ever since he said last summer the government planned to incorporate a woman on the $10 bill.
Lew's initial announcement set off a firestorm of protests from supporters of Hamilton, the first Treasury secretary. They argued that the founding father had molded the nation's financial architecture and should not be removed from his rightful place on the currency.