Treasury Secretary Steven Mnuchin said his department was postponing plans to add Harriet Tubman to $20 bills until 2028.
“The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Mnuchin said in a hearing before the House Financial Services Committee.
“Based upon this, the $20 bill will now not come out until 2028. The $10 and the $50 will come out with new features beforehand,” he said.
Tubman was scheduled to appear on the $20 bill starting in 2020 with the 100th anniversary of the 19th Amendment.
Trump has blasted the decision to pull Andrew Jackson off the $20 bill and replace him with Tubman, claiming the former president “had a great history.”
“Andrew Jackson had a great history, and I think it’s very rough when you take somebody off the bill. Andrew Jackson had a history of tremendous success for the country,” Trump said in 2016 before his election.
“I think Harriet Tubman is fantastic. I would love to leave Andrew Jackson and see if we can maybe come up with another denomination, maybe we do the $2 bill or we do another bill.”
Former Treasury Secretary Jack Lew announced in April 2016 that Tubman would be added to the front of the $20 bill. The move was announced with plans to keep Alexander Hamilton on the front of the $10 bill following public outrage about him potentially being removed.
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