Roommates, I know you guys remember back in April of 2016 when it was announced that the $20 bill was being redesigned with Harriet Tubman on the front — replacing Andrew Jackson. It was supposed to be released in 2020 but plans have apparently changed as there are reports that it’s “unlikely to roll out under the Trump Administration.”
The announcement comes by way of Treasury Secretary Steve Mnuchin during a House Financial Services Committee hearing Wednesday (May 22). “The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Mnuchin said. “Based upon this, the $20 bill will now not come out until 2028. The $10 bill and the $50 bill will come out with new features beforehand. So, the answer is: It is my responsibility now to focus on what is the issue of counterfeiting and the security features. The ultimate decision on the redesign will most likely be another secretary’s down the road.”
This update doesn’t come as a surprise to those who recall when Donnie denounced the bill’s redesign during his 2016 presidential race. Remember he suggested she be put on the $2 instead? “I don’t like seeing it. Yes, I think it’s pure political correctness,” he said. “[Jackson has] been on the bill for many, many years, and, you know, really represented somebody that really was very important to this country. I would love to see another denomination, and that could take place. I think—I think it would be more appropriate.”
Many were looking forward to that $20 bill redesign. However, y’all know how life goes, sometimes “no” just means not right now. Until then, remember to spend your $20 –regardless of who is on the front–with a black business!
What are your thoughts on the $20 redesign date change, Roommates? Let’s chat!
TSR STAFF: Chantel Kelli! @_popchanny!
Source: Complex, https://www.complex.com/life/2019/05/trump-adminstration-postpones-20-dollar-bill-harriet-tubman-redesign