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Zonie63 -> Hamilton to stay on $10 bill; Jackson may go (4/18/2016 4:44:40 PM)
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$20 bill, not $10, may now feature a woman in favor of keeping Hamilton
quote:
WASHINGTON, April 18 (UPI) -- The U.S. Treasury is expected to announce this week that its plan to prominently feature a woman on the $10 bill will change in favor of replacing former President Andrew Jackson on the $20 bill.
Instead of making a historically important woman the main image on the $10, relegating Alexander Hamilton to the back of the bill, the founder of the United States' financial system will likely remain key, with a number of other important figures or slices of U.S. history on the back. An announcement is expected later this week, an anonymous U.S. official told CNN.
Last year's announcement of a proposed overhaul of the $10 bill to feature a woman quickly found a national audience eager to suggest appropriate honorees -- former first lady Eleanor Roosevelt and female leaders of the suffrage and abolitionist movements were often mentioned. Fans of Hamilton, and of a currently popular Broadway play based on his life, Hamilton, also weighed in, saying the less-popular Jackson should be replaced instead.
I actually thought that's what they should have done originally. I think it's the better move to keep Hamilton on the $10 and replace Jackson on the $20 bill.
But they still haven't decided which woman to put on the $20.
quote:
The announcements could come this week, but results won't be seen in American wallets for years. The Advance Counterfeit Deterrence steering committee, comprised of Treasury, Federal Reserve and U.S. Secret Service representatives, must design and execute a variety of anti-counterfeit elements on the new currency. And because of counterfeit deterrence procedures it won't be until 2030 that new bills will enter circulation.
"The blue security stripe on the $100 note took over 15 years to develop," CNN's source noted.
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