Trump administration axes plan to put Harriet Tubman on $20 bill: Bessent

Published July 8, 2026 11:41am ET | Updated July 8, 2026 2:40pm ET



The Trump administration is abandoning an Obama-era plan to put African American abolitionist Harriet Tubman on the $20 bill in place of former President Andrew Jackson.

Treasury Secretary Scott Bessent revealed the move in an interview with Spectrum News. When asked whether his department is moving forward with the new $20 bill, Bessent said, “We are not at present.” He did not provide a reason.

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