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
New SEC Proposal Could Lead to Sweeping Regulation for Crypto
Jarrod Loadholt, Partner at Ice Miller, joins Cheddar News' Closing Bell, where he breaks down the latest proposal by the SEC and explains how it could allow the agency to make major regulatory moves within the cryptocurrency space if approved.
Caden Raises $3.4M in Pre-Seed Funding to Allow Users to Monetize Personal Data
Personal data platform Caden raised $3.1 million in pre-seed funding. Caden says its service allows users to have complete control over their data and earn a profit from it by sharing certain data with trusted brands, while never relinquishing ownership. The company also says its goal is to transform the internet and the use of personal data and make a better system for both consumers and brands. Caden founder and CEO John Roa joins Cheddar News' Closing Bell to discuss.
U.S. Economy Defies Omicron, Adds 467,000 Jobs in January
U.S. employers stepped up hiring in January, adding 467,000 jobs despite a wave of omicron inflections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed.
Winter Storm Packing Snow, Freezing Rain Moves Across U.S.
A major winter storm with millions of Americans in its path brought a mix of rain, freezing rain and snow to the middle section of the United States as airlines canceled hundreds of flights, governors urged residents to stay off roads and schools closed campuses.
Russia Moves Naval Exercise That Rattled EU Member Ireland
Russia says it will relocate naval exercises off the coast of Ireland after Dublin raised concerns about them amid the tense dispute with the West over expansion of the NATO alliance and fears that Russia is preparing to invade Ukraine.
Australia Pledges $704 Million to Save Great Barrier Reef
he Australian government has pledged to spend another 1 billion Australian dollars ($704 million) over nine years on improving the health of the Great Barrier Reef after stalling a UNESCO decision on downgrading the natural wonder’s World Heritage status.
Load More