WASHINGTON ― Treasury Secretary Steven Mnuchin on Thursday declined to support the idea of replacing former President Andrew Jackson on the $20 bill with anti-slavery icon Harriet Tubman. But the No. 1 issue why we change the currency is to stop counterfeiting. The backs of both the $10 and $5 bills would be redesigned to include tributes to the women's suffrage movement and the civil rights movement, respectively.
After a long campaign, Jackson was set to be replaced on the $20 bill by Underground Railroad hero Harriet Tubman, who rescued dozens of slaves from the South. "It's not something I'm focused on at the moment", said Mnuchin. "And that's what I'm focused on for the most part", Mnuchin said.
With a series of tweets earlier in the month, President Donald Trump lamented the removal of confederate statues, claiming the absence of statues erected to glorify the soldiers who fought for the enslavement of African Americans rips apart the culture of the United States. At the time, then candidate Trump described the announcement as "pure political correctness". He went on to suggest that the change will not be made - without explicitly saying so - by insisting that currency should only be altered for "security purposes". And I've received classified briefings on that.
"This is something we'll consider", he said.
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They said: "The fact is that everyone knows that she can't win a general election; she has just proved that". She added: "There's been an bad lot of speculation about my future which has no basis in it whatsoever".
Laurel Ullyette, president of the Harriet Tubman Boosters Club, was surprised by the timing of Mnuchin's comments.
Tubman's place on the $20 dollar bill was in jeopardy since it was announced. I would love to leave Andrew Jackson and see if we come up with another denomination. He and Ben Carson, now secretary of housing and urban development, had both suggested during the GOP primaries that Tubman might go on the $2 bill instead.
Trump is known to be a fan of Jackson; he hung a portrait of the populist president in the Oval Office and visited The Hermitage, his home, in Tennessee.
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