It is unclear whether Harriet Tubman will ever find a place on U.S.
paper money, as a decision made under the previous administration
remains in limbo.
When Treasury Secretary Steven Mnuchin was specifically asked about
his plans for the $20 Federal Reserve note on Jan. 12, he avoided
giving a straight answer, Donna Borak reported on CNN Money.
1968 shifted the landscape of coin collecting in
America, with a return of Mint marks and a new Proof set.
Also inside this issue, we discover what the term “fine style” means.
Mnuchin was attending an event at the Economic Club of Washington,
where he said in an interview, “We haven’t made any decisions on
whether we will change the bill or won’t change the bill.”
He went on to add the obvious, that his primary focus was security,
not design. Usually, a bank note’s security devices are integrated
into its design.
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A new $20 note, featuring abolitionist Harriet Tubman, was scheduled
for release in 2020, per order of the Treasury secretary in the Obama
administration, Jacob Lew, who ordered that the $5, $10, and $20 notes
He ordered that a portrait of Tubman replace that of Andrew Jackson
on the $20 note, with Jackson shifted to the back.
Although Alexander Hamilton was to remain on the face of the new $10
note, the vignette of the Treasury Department building on the back was
to become the backdrop to an image of the March 3, 1913, march for
suffrage that ended on the steps of the Treasury Building, and the
design was going to honor the leaders of the suffrage movement —
Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady
Stanton, and Alice Paul.
Under Lew’s plans, the $5 note was to keep a portrait of Abraham
Lincoln, while the back, retaining the Lincoln Memorial, was to show
events held there that helped to shape American history and
democracy. Included would be some of the people involved in those
events, such as Marian Anderson and Martin Luther King Jr.
Some references to the $20 note, as well as the proposed new $5 and
$10 denominations, saluting women’s suffrage and civil rights, have
been wiped clean from all government websites, as if they never existed.