Wednesday, April 20, 2016

Jackson Out, Harriet Tubman In For New $20 Bills

Changes to new bills don't start until 2020.

Posted By on Wed, Apr 20, 2016 at 2:20 PM

click to enlarge 21currency-web2-popup.jpg

We don't have the image yet, but social media was starting to celebrate the news today that abolitionist African-American Harriet Tubman is going to replace slave-holding former President Andrew Jackson as the face of the American $20 bill.

The AP reports that the Treasury is expected to make the announcement this afternoon. But the changes won't even start until 2020, with CNN reporting the Tubman bills won't be available until 2030.

Andrew Hamilton will remain on the $10 bill, in part due to the popularity of a recent Broadway hit named after him.

From the New York Times:

"The new designs, from the Bureau of Engraving and Printing, would be made public in 2020 in time for the centennial of woman’s suffrage and the 19th Amendment to the Constitution. None of the bills, including a new $5 note, would reach circulation until the next decade."

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