Biden’s Treasury revives push to place Harriet Tubman on $20 invoice after Trump shelved it
Harriet Tubman, circa 1870
HB Lindsey | Underwood Archives | Getty Photos
The Biden administration will revive the push to make Harriet Tubman the face of a brand new $20 invoice, an effort that was shelved throughout former President Donald Trump’s time period.
“We’re exploring methods to hurry up that effort,” White Home press secretary Jen Psaki informed reporters Monday after being requested if the brand new administration would choose up the Obama-era initiative.
An up to date $20 be aware that includes Tubman, the previous slave who turned an icon of the abolitionist motion, was initially set to be unveiled across the 100th anniversary of the 19th Modification, which granted ladies the proper to vote.
However Trump’s Treasury secretary, Steven Mnuchin, introduced throughout a 2019 congressional listening to that the redesign can be delayed till 2028. Mnuchin stated on the time that the first cause for redesigning a foreign money is to fight counterfeiting efforts.
Psaki stated Monday that the Treasury Division is “taking steps to renew efforts” to place Tubman’s picture on the entrance of the brand new $20 payments.
It is vital for the payments to “mirror the historical past and variety of our nation,” Psaki stated, “and Harriet Tubman’s picture gracing the brand new $20 be aware would definitely mirror that.”
Tubman’s face on the invoice would substitute that of Andrew Jackson, the seventh U.S. president. Trump was such a giant fan of Jackson that he featured a portrait of Jackson within the Oval Workplace. Joe Biden, who took workplace final Wednesday, eliminated the portray.
Trump earlier than being elected had known as the plan to exchange Jackson with Tubman “pure political correctness.”
A spokeswoman for the Treasury Division echoed Psaki’s remarks in a separate assertion to CNBC. Jack Lew, the Treasury secretary beneath former President Barack Obama who spearheaded the trouble to place Tubman on the $20, didn’t instantly reply to a request for remark.
Redesigning the invoice is an intricate course of that can take time and require extra adjustments than only a easy face swap. For instance, it took 11 years to develop the blue safety strip that now adorns the $100 invoice.
Producing the brand new $20 notes with strong anti-counterfeiting expertise and different safety measures in place would require a brand new high-speed printing facility, which is presently scheduled for 2025.
Ideas for an up to date $50 be aware are in growth.