The first Series 2017 $1 Federal Reserve notes with the signatures of
the new Treasury secretary, Steven T. Mnuchin, and new United States
Treasurer Jovita Carranza were unveiled at the Bureau of Engraving and
Printing on Nov. 15. They are supposed to go into circulation in December.
The debut of the note was widely covered on the Internet, cable
news, and social media, mainly owing to a series of photos showing the
secretary and his wife holding a 50-subject sheet of Atlanta district
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The only difference between the new note and its Series 2009
predecessor is that Mnuchin’s signature is legible, whereas that of
Jack Lew was unreadable. Mnuchin’s is printed in block letters, not in cursive.
Mnuchin was quoted as saying “I felt since it was gonna be on the
dollar bill forever, I should have a nice, clean signature.”
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Media reports from outlets covering the event in Washington added
that Mnuchin made no comments about the proposed redesigns of the $5,
$10, and $20 notes. Based on Associated Press reporting, collectors
should expect delays. The $10 Federal Reserve note is the next one
scheduled for redesign, and, according to the AP, that will not be
In November 2016, BEP Director Leonard R. Olijar said that a
priority was having, by Aug. 18, 2020, the new $10 note ready for
production, along with final design concepts for the $5 and $20 notes.
The target date was the centennial of the signing of the 19th Amendment.
Olijar said in 2016 that the BEP and Federal Reserve were working to
speed up the usual time line so all three notes could enter
circulation as quickly as possible while still satisfying security requirements.