The redesigned $20 bill featuring Harriet Tubman was set to be released in 2020, but according to Treasury Secretary Steven Mnuchin, it won’t be released until 2028.
Mnuchin announced the change in front of Congress stating:
“The primary reason we’ve looked at redesigning the $20 bill is for counterfeiting issues. Based upon this, the new $20 bill will now not come out until 2028. The ultimate issue of the redesign will most likely be another secretary’s down the road.”Â
The decision to put Tubman on the $20 bill was decided during a survey conducted by the Treasury Department during Barack Obama’s presidency. Trump disagreed with the plan during his 2016 campaign, calling it “pure political correctness” and saying Tubman should be on the no-longer circulated $2 bill.