BY: Denver Sean
Published 9 years ago
Harriet Tubman will replace former President Andrew Jackson on the $20, Treasury Secretary Jack Lew announced Wednesday. Alexander Hamilton will remain on the front of the $10, but leaders of the women’s suffrage movement will be on the back.
There will also be changes to the $5 bill to depict civil rights era leaders.
via Politico:
Lew’s decision comes after he announced last summer that he was considering replacing Hamilton on the $10 bill with a woman. The announcement drew swift rebukes from fans of Hamilton, who helped create the Treasury Department and the modern American financial system. Critics immediately suggested Hamilton take Jackson off the $20 bill given the former president’s role in moving native Americans off their land. Jackson may remain on the $20 bill in some capacity.
Lew told POLITICO last July that Treasury was exploring ways to respond to critics. “There are a number of options of how we can resolve this,” Lew said. “We’re not taking Alexander Hamilton off our currency.”
The new $10 bills are set to enter circulation in 2020, while we won’t see the $20 until 2030.