What Happened
The Trump administration has put on hold a plan to place Harriet Tubman on the $20 bill, according to a report from the Washington Examiner. The initiative, which aimed to replace the image of Andrew Jackson with the abolitionist leader, was originally announced during the Obama administration.
Steven Mnuchin, the Treasury Secretary under President Trump, had previously stated that he was not focused on the redesign and that his priority was combating counterfeiting. The Obama administration had announced in 2016 that Tubman would be featured on the bill, making her the first woman to be depicted on U.S. currency in over a century.
The Washington Examiner cited a source, identified as Bessent, within the Treasury Department regarding the decision to halt the plan. Newsmax also reported on the shelving of the plan, noting that the Treasury Department has not issued an official statement on the matter.
Key Facts
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The Trump administration has halted plans to put Harriet Tubman on the $20 bill.
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The initiative was originally announced during the Obama administration.
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The plan involved replacing Andrew Jackson's image with Harriet Tubman's.
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Treasury Secretary Steven Mnuchin had previously expressed a lack of focus on the redesign.
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The Washington Examiner reported the decision, citing a source named Bessent.
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Newsmax also reported on the plan being put on ice.