By Martin Crutsinger

With a change of administrations, it looks like Harriet Tubman is once again headed to the front of the $20 bill.

Biden press secretary Jen Psaki said Monday that the Treasury Department is taking steps to resume efforts to put the 19th century abolitionist leader on the $20 bill.

Obama administration Treasury Secretary Jack Lew had selected Tubman to replace Andrew Jackson, the nation's seventh president, on the $20 bill.

But Tubman's fate had been in doubt since the 2016 presidential campaign based on critical comments by then-candidate Donald Trump, who branded the move “pure political correctness.”

Trump administration Treasury Secretary Steven Mnuchin did not move forward with the decision by the Obama administration. Instead, Mnuchin in 2019 announced a delay in redesigning the $20 bill in order to redesign the $10 and $50 bills first to improve security features to thwart counterfeiters.

The unveiling of the redesigned $20 bill featuring Tubman, famous for her efforts spiriting slaves to freedom on the Underground Railroad, had been timed by the Obama administration to coincide with the 100th anniversary of passage of the 19th Amendment giving women the right to vote.

Under the schedule Mnuchin announced in May 2019, the redesigned $20 bill would not have come out until 2028 with final designs for the bill not announced until 2026.

But Psaki told reporters during a briefing Monday that she and other officials were surprised to hear of the delays in putting Tubman on the $20 bill. With a change in administrations, she said the Treasury Department was taking steps to resume efforts to put Tubman on the $20 bill.

“It is important that our .... money reflect the history and diversity of our country and Harriet Tubman's image gracing the new $20 note would certainly reflect that,” Psaki said. “We are exploring ways to speed up that effort.”

Psaki said specifics on a new timeline for introducing a redesigned $20 with Tubman would be announced when finalized by the Treasury Department. Biden has selected Janet Yellen to be his Treasury secretary, the first woman to hold that position in the department's 232 years.

Share:
More In Politics
TikTok Star Ellie Zeiler on White House Briefing, Social Media Role in Ukraine News
With the Russian invasion of Ukraine raging on, millions have turned to TikTok to stay up-to-date on the latest developments and get a first-hand look. The social media platform has been so prominent that the war has been dubbed "the first TikTok war" by many publications — and even the White House has taken notice. The Biden administration held a virtual briefing with 30 social media creators to discuss their role in communicating to their followers by countering what it deems as being misinformation. Ellie Zeiler, an 18-year-old TikTok star who attended the briefing, joined Cheddar to talk about the conference and her responsibilities as a social media creator. "How could you not be a little nervous or scared when you're getting your information and media all from this app? But also then you think back to, I guess, when media was changing between newspapers and TV, and I'm sure people were nervous about that too," she said. "So the fact is, is that people do really look to Tiktok and social media for their news."
U.S. Stocks Close at Session Lows on Friday
U.S. markets closed the day at session lows as the Dow marked its fifth straight week of losses. Investors continue to weigh inflation and the ongoing Russia-Ukraine war and growing economic risk factors. George Seay, CEO of Annandale Capital, joins Cheddar News' Closing Bell to discuss.
Stocks Close Lower as S&P 500 Falls Amid Russia-Ukraine War
U.S. stocks ended Thursday's session lower as new CPI data show inflation continues to rise and the Russia-Ukraine war continues. Philip Palumbo, founder, CEO, & Chief Investment Officer of Palumbo Wealth Management, joins Cheddar News' Closing Bell to discuss.
WNBA All-Star Brittney Griner Remains in Russian Custody as Charter Flight Scandal Fallout Hits
It's been an eventful past few weeks for the WNBA. One of the league's top players, Brittney Griner, remains in Russian custody after being detained at an airport last month. The league is also dealing with a scandal after fining a team for providing charter flights to their players. Emily Caron, sports business reporter for Sportico, joined Cheddar News' Closing Bell to discuss.
No Appetite in Congress to Extend Children School Meal Waiver
School nutrition experts warn that millions of children could go hungry as soon as this summer, after Congress excluded waivers that would extend universal lunch for children in school from the $1.5 trillion omnibus spending bill. Cheddar News speaks with Jessica Gould, chair of the public policy and legislation committee at the School Nutrition Association, about the issue.
Deputy Commerce Secretary on Semiconductor Chip Demand Amid Ukraine Crisis
The ongoing semiconductor chip shortage has been impacting everything from the purchase of cars to smartphones. Deputy Commerce Secretary Don Graves spoke with Cheddar about the Biden administration's efforts to combat the issue and if the current crisis in Ukraine will have any impact on the global supply chain problems for semiconductors. "We're working very closely with all of our partners and allies around the globe, just as we have on the export controls and sanctions that we've applied to Russia to deal with that needless aggression," he said. "We're also working with them on the challenges of raw materials for a range of industries, including the semiconductor industry. We believe that we are going to be able to meet the demand for the for the near term."
LGBTQ Advocates Warn Against Florida's 'Don't Say Gay' Bill
President Maxx Fenning and Vice President CJ Walden of PRISM, a Florida non-profit providing resources for LGBTQ youth, joined Cheddar News to discuss the negative repercussions of a Florida bill banning discussions of sexuality and gender identity in some classrooms.
Load More