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US Democratic Senators Urge Treasury to Revive Harriet Tubman $20 Bill Plan

Created at 30 Jul · 10:07 AM1 source↑ Market-relevant
IN SHORT

Democratic senators are urging the Trump administration to reconsider its decision to halt plans for a $20 bill featuring Harriet Tubman. Treasury Secretary Scott Bessent stated the department is not currently pursuing the redesign, which was initiated under the Obama administration.

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Key Numbers

$20bill denomination for Harriet Tubman redesign
2016year Obama administration announced Tubman $20 bill
$250proposed bill denomination for Donald Trump's image
1928year new person last put on US paper currency
2020year Trump signed commemorative coin law

Who's Involved

Harriet Tubman
anti-slavery crusader, subject of proposed $20 bill redesign
Scott Bessent
Treasury Secretary who stated redesign is not being pursued
Jeanne Shaheen
Democratic Senator from New Hampshire leading the urging
Chris Van Hollen
Democratic Senator from Maryland leading the urging
Andrew Jackson
Seventh U.S. President, currently on the $20 bill
Donald Trump
President whose image is proposed for a $250 bill
US Democratic Senators Urge Treasury to Revive Harriet Tubman $20 Bill Plan

↳ Why This Matters

The debate over redesigning U.S. currency reflects ongoing discussions about national symbols and historical representation, with potential implications for presidential legacy and the commemoration of significant figures in American history.

Key facts

  • Democratic senators urged the Trump administration to revive plans for a $20 bill featuring Harriet Tubman.
  • Treasury Secretary Scott Bessent stated the department is not currently pursuing the redesign.
  • The original plan to feature Tubman on the $20 bill was announced by the Obama administration in 2016.
  • Some officials are reportedly seeking to place President Donald Trump's image on a proposed $250 bill.
  • Placing Trump's image on currency would require congressional legislation.

U.S. Democratic senators have called on the Trump administration to revive a plan to feature anti-slavery activist Harriet Tubman on the $20 bill, following Treasury Secretary Scott Bessent's statement that the department is not currently pursuing the redesign. The Obama administration had announced in 2016 that Tubman would replace Andrew Jackson on the currency.

In a letter to Bessent, senators led by Jeanne Shaheen and Chris Van Hollen urged the Treasury to reconsider and resume plans for the new bill, highlighting the years of work and bipartisan support for honoring Tubman's legacy. They also sought an explanation for the decision to halt the redesign.

The report also notes that some administration officials are exploring the possibility of placing President Donald Trump's image on a proposed $250 bill to commemorate the United States' 250th anniversary. Such a move would necessitate congressional legislation, as current law prohibits living individuals from appearing on U.S. paper currency. A commemorative coin bearing Trump's image is already in production, authorized by a law signed in 2020.

Frequently asked questions

Harriet Tubman was chosen to replace Andrew Jackson on the $20 bill by the Obama administration in 2016 for her role in helping hundreds of enslaved people escape and her status as an anti-slavery crusader.

Treasury Secretary Scott Bessent stated that the department is not currently pursuing the redesign of the $20 bill to feature Harriet Tubman.

Some officials are reportedly considering placing President Trump's image on a proposed $250 bill. However, this would require an act of Congress as current law prevents living individuals from appearing on U.S. paper currency.

What Happens Next

01The Treasury Department is expected to respond to the senators' letter.
02Congress may debate legislation regarding the placement of presidential images on currency.

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Cadence

How It Developed

The Obama administration announced in 2016 that Harriet Tubman would replace Andrew Jackson on the $20 bill.
Treasury Secretary Scott Bessent stated the department is not currently planning to put Tubman on the bill.
Democratic senators urged the Treasury to revive the plan to place Tubman on the $20 bill.
Some administration officials are pushing to put President Donald Trump's image on a proposed $250 bill.
A $20 bill with Trump's image would require an act of Congress.
A $250 bill with Trump's image would require an act of Congress.
A $20 coin bearing Trump's image to commemorate the U.S. 250th anniversary is in production.

Sources

T1
US Democratic senators urge Treasury to revive Harriet Tubman $20 bill planReuters

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