Mnuchin Scraps Obama-Era Plan To Put Harriet Tubman On $20 Bill By 2020

Start your day with TPM.
Sign up for the Morning Memo newsletter

Treasury Secretary Steve Mnuchin said on Wednesday that he won’t be meeting the 2020 deadline to release new designs of the $20 bill that was supposed to feature antislavery activist Harriet Tubman.

During a House Financial Services Committee hearing, Rep. Ayanna Pressley (D-MA) asked the secretary about the Obama administration’s 2020 deadline to release the new $20 bills.

Mnuchin told her that the bill redesign won’t come out until 2028, citing “counterfeiting issues.”

“The ultimate decision on the redesign will most likely be another secretary’s down the road,” Mnuchin said.

The Treasury secretary repeatedly dodged Pressley’s questions asking if he supported having Tubman on the bill at all.

“I’ve made no decision as it relates to that and that decision won’t be made until 2026,” Mnuchin said, apparently changing the year from 2028.

When Pressley asked if he agreed with President Donald Trump’s claim that putting Tubman on the bill was just “political correctness,” Mnuchin responded, “I think right now I am focused on the security features of the U.S. currency.”

“So does that mean you have no intention of executing the redesign as planned by your predecessor?” asked Pressley.

“That is correct. I have not made a decision to execute on a redesign or haven’t made a decision,” Mnuchin replied.

Watch Mnuchin’s exchange with Pressley below:

Latest News

Notable Replies

  1. Well of course he does. Weasel.

  2. Anything to appease the Base That Cannot be Called Deplorable.

    And fits right into the 2020 campaign theme of race war.

  3. These people are blithering idiots with hostile intent

  4. Avatar for theod theod says:
    1. Dickish move to thrill some racists and Deplorables.
    2. Excuse is a lie. It does not take 8 years to perform this level of graphic arts.
    3. Let’s move Andrew Jackson’s visage to confederate money.
  5. “The ultimate decision on the redesign will most likely be another secretary’s down the road,”

    In the Trump administration, you could be fired tomorrow and the next secretary would be nominated.

Continue the discussion at forums.talkingpointsmemo.com

74 more replies

Participants

Avatar for sandi Avatar for austin_dave Avatar for littlegirlblue Avatar for sysprog Avatar for cervantes Avatar for theod Avatar for squirreltown Avatar for becca656 Avatar for wanderer Avatar for sickneffintired Avatar for lastroth Avatar for musgrove Avatar for thomasmatthew Avatar for benthere Avatar for tena Avatar for dommyluc Avatar for demyankee Avatar for tiowally Avatar for dannydorko Avatar for carolson Avatar for rascal_crone Avatar for haddockbranzini Avatar for mtw Avatar for ANNFFL

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: