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The Hornet

Serving the Fullerton Community Since 1922

The Hornet

Treasury decision to replace Andrew Jackson on $20 bill

The Treasury Department announced Wednesday Harriet Tubman will replace Andrew

$20 swap
Harriet Tubman will become the first woman in over 100 years to be featured on United States paper currency. Photo credit: Javier Tinajero Jr

Jackson on the $20 bill.

According to Treasury Secretary Jack Lew, he is hoping for the historical female figure to be seen by 2020.

 

The announcement followed from a heated summer debate when Lew planned to incorporate women in the $10 bill.

Lew explained the change in currency designs is to tell more of the country’s story. He believes Tubman played a great part in American democracy.

Not only will the people see changes in the $20 bill, but the back sides of the $5 and $10 bills will also have a new look.

The $5 dollar bill will reflect historical events at the Lincoln Memorial such as Martin Luther King Jr’s “I Have a Dream” speech. Heroes who campaigned for women’s right to vote will be honored on the back the $10 bill.

2016 Democratic presidential candidates Bernie Sanders and Hillary Clinton praised the decision.

In one of his tweets, Sanders could not “think of an American hero more deserving of this honor…”

Tubman will be the first woman to be featured on United States paper money in over 100 years. Martha Washington was featured on the $1 silver note from 1891 to 1896. Another notable woman is Pocahontas from 1865-1869.

Jackson has been on the $20 bill since 1928. Although he will no longer be seen on the front of the bill, he will be featured on the back of the bill.

 

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