Treasury Secretary Steven Mnuchin said Thursday that his department may kill an Obama administration plan to replace President Andrew Jackson on the front of…
Treasury Secretary Steven Mnuchin said Thursday that his department may kill an Obama administration plan to replace President Andrew Jackson on the front of the $20 bill with famed abolitionist Harriet Tubman.
Mnuchin told CNBC that currency changes were not a priority, and he would not commit to following through on the change, which would have banished Donald Trump’s favorite president from America’s currency.
“It’s not something that I’ m focused on at the moment, ” Mnuchin said.
He said the main reason Treasury redesigns bills is to prevent counterfeiting, which Obama-era officials also emphasized when announcing the changes in April 2016.
The possible snub comes at a time when the nation is still roiled over Trump’s equivocal comments after the white nationalist riots in Virginia.
