© 2024 Milwaukee Public Media is a service of UW-Milwaukee's College of Letters & Science
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Treasury Secretary Mnuchin Says New $20 Bill Won't Come Out Until 2028

STEVE INSKEEP, HOST:

Andrew Jackson is keeping his place on the $20 bill for now. That's according to Treasury Secretary Steven Mnuchin, whose department oversees the design of currency. In its final year, the Obama administration said that a new $20 bill would feature the escaped-slave-turned-abolitionist Harriet Tubman, although Andrew Jackson, war hero, president and slave owner, might stay on the bill somewhere. It would've happened next year, but the administration of the president, who's an Andrew Jackson fan, put it off. NPR's Don Gonyea reports.

DON GONYEA, BYLINE: It has long been clear that the Trump administration was far from enthused about the plan to put Harriet Tubman on the new twenty and replace Andrew Jackson. Candidate Trump was asked about it on NBC's the "Today" show when it was announced in early 2016.

(SOUNDBITE OF TV SHOW, "TODAY")

PRESIDENT DONALD TRUMP: I think Harriet Tubman is fantastic. I would love to - 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.

GONYEA: He then said it was pure political correctness. So yesterday, when Treasury Secretary Steve Mnuchin was testifying before a House committee, Democrat Ayanna Pressley asked him this.

(SOUNDBITE OF ARCHIVED RECORDING)

AYANNA PRESSLEY: Will the redesign meet the 2020 deadline, yes or no?

GONYEA: Mnuchin's answer was less than direct.

(SOUNDBITE OF ARCHIVED RECORDING)

STEVEN MNUCHIN: So let me comment that the primary reason we've looked at redesigning the currency is for counterfeiting issues.

GONYEA: And he said his focus has been on other denominations of U.S. currency.

(SOUNDBITE OF ARCHIVED RECORDING)

MNUCHIN: The ultimate decision on the redesign will most likely be another secretary's down the road.

GONYEA: Meaning it won't be until 2026 or 2028.

DAINA RAMEY BERRY: I'm disappointed.

GONYEA: That's Daina Ramey Berry of the University of Texas. She has written extensively about the history of slavery and Harriet Tubman.

BERRY: You know, she freed herself. She served her country. And now she's being disrespected by a current administration who doesn't want to acknowledge the wonderful gift that she brought to this nation.

GONYEA: The planned redesign was timed for next year's 100th anniversary of women's right to vote in the U.S.

Don Gonyea, NPR News, Washington. Transcript provided by NPR, Copyright NPR.

You're most likely to find NPR's Don Gonyea on the road, in some battleground state looking for voters to sit with him at the local lunch spot, the VFW or union hall, at a campaign rally, or at their kitchen tables to tell him what's on their minds. Through countless such conversations over the course of the year, he gets a ground-level view of American elections. Gonyea is NPR's National Political Correspondent, a position he has held since 2010. His reports can be heard on all NPR News programs and at NPR.org. To hear his sound-rich stories is akin to riding in the passenger seat of his rental car, traveling through Iowa or South Carolina or Michigan or wherever, right along with him.