African American icon Harriet Tubman is reportedly going to change the American currency game by replacing Andrew Jackson on the $20 bill.
According to reports, a big announcement about the alteration is expected to go down today (April 20).
Treasury Secretary Jack Lew on Wednesday will announce plans to both keep Alexander Hamilton on the front of the $10 bill and to knock Andrew Jackson off the front of the $20 in favor of Harriet Tubman, sources tell POLITICO. Lew is expected to roll out a set of changes that also include putting leaders of the women’s suffrage movement on the back of the $10 bill, and incorporating civil rights era leaders and other important moments in American history into the $5 bill. (Politico)
Despite the epic change, people will likely have to wait four years before it goes into effect.
Other depictions of women and civil rights leaders will also be part of new currency designs. The new designs, from the Bureau of Engraving and Printing, would be made public in 2020 in time for the centennial of woman’s suffrage and the 19th Amendment to the Constitution. None of the bills, including a new $5 note, would reach circulation until the next decade. (New York Times)
Music producer Rico Love reacted to the big news on Instagram Wednesday (April 20).