Treasury Secretary Jack Lew on Wednesday will announce plans to both keep Alexander Hamilton on the front of the $10 bill and to knock Andrew Jackson off the front of the $20 in favor of Harriet Tubman…
Lew is expected to roll out a set of changes that also include putting leaders of the women’s suffrage movement on the back of the $10 bill, and incorporating civil rights era leaders and other important moments in American history into the $5 bill.
Also, Jackson isn’t getting completely booted off the $20 bill. He’s likely to remain on the back.
Reaction to Tubman, a Civil War-era abolitionist, replacing Jackson on the front of the $20 was widely positive. Sen. Jeanne Shaheen (D-N.H.) tweeted: “If this is true, great news! Tubman on $20 is the right call. The redesign needs to happen as soon as possible. Women have waited long enough.”
Treasury is likely to ask the Federal Reserve to speed the process … and get the bills into circulation as quickly as possible.