{"id":451,"date":"2026-07-08T23:43:14","date_gmt":"2026-07-08T23:43:14","guid":{"rendered":"https:\/\/officemovingamerica.com\/?p=451"},"modified":"2026-07-08T23:43:14","modified_gmt":"2026-07-08T23:43:14","slug":"trump-administration-puts-plan-for-harriet-tubman-20-bill-on-ice","status":"publish","type":"post","link":"https:\/\/officemovingamerica.com\/?p=451","title":{"rendered":"Trump Administration Puts Plan for Harriet Tubman $20 Bill on Ice"},"content":{"rendered":"<div>\n<div>\n<p>By Jasper Ward and David Lawder<\/p>\n<\/div>\n<div>\n<p>WASHINGTON, July 7 (Reuters) &#8211; The \u2060U.S. \u2060Treasury Department is no longer \u2060planning to put anti-slavery crusader Harriet Tubman on a $20 bill, Treasury Secretary \u200bScott Bessent has told Spectrum News.<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=449\">Venezuela Appoints New Heads for State Petrochemical Company, Tax Authority<\/a><\/p>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<p>\u201cWe are not at present,\u201d Bessent said when asked in a Monday interview \u200cif Treasury was still planning to \u200cmove ahead with the decade-old plan. Bessent did not elaborate, and a Treasury spokesperson declined \u2060to comment beyond \u2060Bessent&#8217;s remark.<\/p>\n<\/div>\n<div>\n<p>The Obama administration announced in 2016 that Tubman, who was born \u200binto slavery in the early 1820s and went on to help hundreds of slaves escape, would replace seventh U.S. President Andrew Jackson on the $20 bill.<\/p>\n<\/div>\n<div>\n<p>Then-Treasury Secretary Jacob Lew said the decision was the result of thousands \u200bof responses received from Americans.<\/p>\n<\/div>\n<div>\n<p>Tubman would have been the first African American on the face \u2060of \u2060U.S. paper currency.<\/p>\n<\/div>\n<div>\n<p>During his first \u2060presidential campaign, Donald \u200bTrump, who has since sought to dismantle diversity, equity and inclusioninitiatives, called the move to \u200breplace Jackson with Tubman &#8220;pure political \u2060correctness.&#8221;<\/p>\n<\/div>\n<div>\n<p>He had proposed putting her on the $2 bill or another bill, and no progress was made on the plan during Trump&#8217;s first presidency.<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=448\">Latin American Countries, Some Steelmakers Argue for US Tariff Exemptions<\/a><\/p>\n<\/div>\n<div>\n<p>Bessent&#8217;s predecessor, former Biden administration Treasury Secretary Janet Yellen, revived the Tubman $20 bill project but estimated that the new currency would not be ready until 2030, citing the \u2060need for sophisticated anti-counterfeiting measures.<\/p>\n<\/div>\n<div>\n<p>Bessent, in a tense exchange with Representative Joyce Beatty, a Black \u2060Democrat from Ohio, was asked in May 2025 whether he could provide an update on the status of the Tubman bill. &#8220;I can&#8217;t, my staff will get back to you,&#8221; he replied.<\/p>\n<\/div>\n<div><\/div>\n<div>\n<p>While no new person has been put on U.S. paper currency since 1928, some officials in the current Trump administration have sought to put the Republican president&#8217;s face on a proposed $250 bill to mark the United States&#8217; 250th anniversary of independence.<\/p>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<p>When asked why the Treasury Department is not moving forward with a $20 note with Tubman&#8217;s image while \u2060making preparations for a $250 bill with Trump&#8217;s portrait, Bessent told Spectrum News: &#8220;The 250 requires an act of Congress, because you can&#8217;t have a living person (on U.S. currency), and it was to commit [sic] \u2013 for the 250th anniversary.&#8221;<\/p>\n<\/div>\n<div>\n<p>&#8220;For us to change an existing bill, whether \u200bit&#8217;s $1 through $100, takes many years in advance,&#8221; he added.<\/p>\n<\/div>\n<div><\/div>\n<div>\n<p>(Reporting by Jasper Ward and \u200bDavid Lawder in Washington; Editing by Bill Berkrot)<\/p>\n<p>Read more <a href=\"https:\/\/officemovingamerica.com\/?p=446\">How Can Trump \u2018Cut off All Trade\u2019 With Spain?<\/a><\/p>\n<\/div>\n<div>\n<p><b>Copyright 2026 Thomson Reuters<\/b>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. 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