politics
Treasury Halts Harriet Tubman $20 Bill Plan, Prepares Trump $250 Bill if Congress Approves
Treasury Secretary Scott Bessent said the department is not moving forward with the redesign. The move ends efforts revived under the prior administration to replace Andrew Jackson with the abolitionist on the bill.
Jul 8, 11:41 AM·1m read1 source
Washington ExaminerAudio version
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The Trump administration is abandoning plans to place Harriet Tubman on the $20 bill, Washington Examiner reported. Treasury Secretary Scott Bessent stated in an interview with Spectrum News that the department is not proceeding with the redesign. Bessent said, “We are not at present,” when asked if the Treasury is moving forward with the new $20 bill.
He did not provide a reason. The plan originated under the Obama administration a decade ago. The first Trump administration shelved the effort. The Biden administration later revived it. President Donald Trump, while campaigning in 2016, called the Tubman bill “pure political correctness” and suggested featuring her on a different denomination.
The Treasury Department is prepared to print President Donald Trump’s likeness on a yet-to-be-released $250 bill if Congress grants approval. Bessent noted that changing an existing dollar bill takes many years in advance. Sen.
Jeanne Shaheen (D-NH) reintroduced legislation in March 2025 requiring Tubman’s image on all $20 bills after Dec. 31, 2030. Shaheen said she was “extremely disappointed” by the decision and called commemorating Tubman a fitting way to honor women who helped build the country.
