We had originally been told for a while that a woman would be replacing Alexander Hamilton on the $10 bill. Then the story changed – a woman would only be featured on the back of the bill, while Hamilton remained on the front.
Feminists predictably complained that this was giving that woman the Rosa Parks treatment when it come to our currency.
Nevertheless, that story died for a while, but it’s finally back in the news. Once again, the plan has changed, and a woman won’t be appearing alongside Hamilton at all:
Treasury Secretary Jack Lew is expected to announce this week that Alexander Hamilton’s face will remain on the front of the $10 bill and a woman will replace Andrew Jackson on the face of the $20 bill, a senior government source told CNN on Saturday.
That decision would place a female on one of the most widely circulated bills in the world. But the historic change placing a female on the front of the $20 note won’t come for more than a decade, the source said, since the process for changing the design of that note is still in the early stages.
“The soonest that a new $20 note will be issued is 2030,” the source said, citing a lengthy process convened by the Advanced Counterfeit Deterrence steering committee, which includes representatives from the U.S. Secret Service, the Treasury, and the Federal Reserve.
Jackson was notoriously opposed to a central bank, and paper money, so I’m sure he won’t mind being taken off!
H/T: CNN Money
Share this article with friends and family on Facebook and Twitter.