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Harriet Tubman $20 Bill Release Postponed

The release of $20 bill featuring Harriet Tubman, an American abolitionist and political activist, has been postponed. The redesign of the $20 bill featuring Tubman will no longer be unveiled in 2020, Treasury Secretary Steven Mnuchin said.

The government was planning to unveil the redesigned $20 bill to coincide with the 100th anniversary of the 19th Amendment, which granted women the right to vote. However, the design process has been delayed and no new imagery will be unveiled until 2028, Mnuchin said, CNBC reports.

"The primary reason we have looked at redesigning the currency is for counterfeiting issues," Mnuchin said in response to questions by Rep. Ayanna Pressley, D-Mass., during a hearing before the House Financial Services Committee. "Based upon this, the $20 bill will now not come out until 2028. The $10 bill and the $50 bill will come out with new features beforehand."

The idea to replace Andrew Jackson with Tubman was originally proposed by the Obama administration in 2016. It was even announced that the Bureau of Engraving and Printing would be working with the Federal Reserve to "accelerate work on the new $20" in order to circulate the bill "as quickly as possible."

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