viaEurweb:
*The $20 bill redesign was underway before Treasury Secretary Steven Mnuchin announced last month that the design of the note would be delayed for technical reasons by six years and might not include the former slave and abolitionist.
As we previously reported, Mnuchin announced during a House Financial Services Committee hearing that the updated bill is unlikely to roll out while Donald Trump occupies the white house.
“The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Mnuchin said. “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. So, the answer is: It is my responsibility now to focus on what is the issue of counterfeiting and the security features. The ultimate decision on the redesign will most likely be another secretary’s down the road.”
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