President Trump’s Treasury Secretary Steven Mnuchin confirmed the news on Wednesday during a hearing in front of the House Financial Services Committee.
Mnuchin told Rep. Ayanna Pressley that the reasoning behind this delay was fear of “counterfeiting.”
“The primary reason we have looked at redesigning the currency is for counterfeiting issues,” he claimed, adding, “based upon this, the $20 bill will now not come out until 2028. The $10 bill and the $50 bill will come out with new features beforehand.”
Oh…so ya’ll concerned about fake dollars floating around the country? That’s what this is about?
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NBC News reported that the unveiling of Tubman’s bill next year was supposed to coincide with the 100th anniversary of the 19th amendment, which granted women the right to vote.
So when can we expect to see our idol immortalized on our currency? Apparently no time soon. Mnuchin said that the design process has been halted and no new imagery will be unveiled until 2028, which is way after Trump and his administration will be long gone.
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Of course folks on Twitter had a lot to say about this. Take a look:
Trump’s Treasury Secretary Delays The Harriet Tubman $20 Bill was originally published on hellobeautiful.com