Treasury Secretary Steven Mnuchin said Wednesday that designs for an updated $20 bill featuring Harriet Tubman will be delayed by eight years. Mnuchin told lawmakers…
Treasury Secretary Steven Mnuchin said Wednesday that designs for an updated $20 bill featuring Harriet Tubman will be delayed by eight years.
Mnuchin told lawmakers on the House Financial Services Committee that the redesign process, kicked off in 2016 during the Obama administration, would be delayed until 2028. The secretary said he would instead focus on anti-counterfeiting upgrades to the $10 and $50 bills.
“The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Mnuchin said. “Based upon this, the $20 bill will now not come out until 2028.
