Treasury Secretary Steve Mnuchin said during a congressional hearing Wednesday that a redesign of the $20 bill to feature abolitionist hero Harriet Tubman would not be ready in time for a planned 2020 release.
The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Mnuchin said when asked by Rep. Ayanna Pressley, D-Mass., whether the new currency would be ready on time. “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.