On Thursday, Treasury Secretary Jacob Lew will officially announce that the $10 bill has been redesigned and will feature the first woman on the nation’s paper money in over a century.
The decision about which woman should receive the honor will be decided this summer. The new bill will be revealed in 2020 and it will also have new security features added that will make it harder to counterfeit.
The year 2020 will be the 100th anniversary of the passage of the 19th Amendment giving women the right to vote so the unveiling will commemorate that. The actual date it will be put into circulation will be announced later.
The Treasury Secretary is asking for public suggestions on who should be chosen and what symbols of democracy should be featured on the bill. Suggestions can be submitted by visiting thenew10.treasury.gov website.
Sen. Jeanne Shaheen, D-New Hampshire, sponsored legislation to put a woman on the $20 bill however she released a statement praising Lew for moving forward with a decision to use the $10 bill. In the statement she said:
“While it may not be the twenty dollar bill, make no mistake, this is a historic announcement. Young girls across this country will soon be able to see an inspiring woman on the ten dollar bill.”
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