The US Treasury will continue to consider placing a portrait of American abolitionist Harriet Tubman on the $ 20 bill. It was planned to do this under President Barack Obama, but during the presidency of Donald Trump, the issue was removed from the agenda, CNBC reports.
“We are exploring ways to accelerate these efforts,” White House spokeswoman Jen Psaki told reporters today. “It is important that our money reflects the history and diversity of our country,” she added.
In 2016, Obama decided that Tubman should replace the seventh US President Andrew Jackson, who was not only a slave owner, but also massively resettled Indians on the reservation in order to clear territory for white settlers.
Before being elected president, Trump called the plan “purely political correctness.”
In 2019, Trump’s Treasury Secretary Steven Mnuchin announced in Congress that the design change would be delayed until 2028. Mnuchin then said that the main reason for changing the design of the currency is the fight against counterfeiting attempts.
Harriet Tubman (1822-1913) – fighter against slavery and for social reform in the United States. After escaping from slavery, she completed about 13 missions to rescue approximately 70 enslaved people, including her family and friends. During the civil war she served as a scout for the Union army. Later she was an activist in the movement for women’s suffrage. She has collaborated with white abolitionist John Brown, about whom Showtime recently filmed The Bird of the Good Lord.
The publication notes that redesigning banknotes is a complex process that will take time and more changes than just replacing a portrait. For example, it took 11 years to develop the blue safety strip that now adorns the $ 100 bill.
New high-speed printing equipment will be required to produce the new $ 20 bills using robust anti-counterfeiting technology and other security measures, scheduled for acquisition in 2025, CNBC writes.
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