Home / United States / The Democrats forced Trump on Tubman's slow launch at $ 20. Obama set the timeline

The Democrats forced Trump on Tubman's slow launch at $ 20. Obama set the timeline

Current and former Treasury officials who have served in the Obama administration have stated that the publication date of Harriet Tubman's 20-dollar bill, 2028, is in accordance with plans and estimates drawn up prior to the inauguration of President Trump. .

Democrats accused Trump in June of delaying the publication of the $ 20 Tubman. House Speaker Nancy Pelosi said Trump "refused to honor" Tubman is "an insult to the hopes of millions of people".

The leader of the Senate minority, Chuck Schumer, said that the reason for the late publication of the White House, namely the fight against counterfeiting and other security measures, "is simply not credible "in a speech to the Senate.

The original schedule for the release date of the $ 20 Tubman was largely fixed by former President Barack Obama, according to the Washington Post.

In 2016, Jack Lew, Treasury Secretary during Obama's second term, said the ministry would issue a "final concept" for Tubman's $ 20 in 2020. Department officials doubted Lew's request based on a confidential 2013 report from the Advanced Counterfeit Deterrence Committee, which oversees new currency models.

The committee estimated that a new $ 20 bill would not be fit for public circulation until around 2030. A concept is published before the actual currency, but it is generally made public a year before printing, according to the Bureau of Engraving and Printing.

"These ads were not based on reality. The United States had not yet acquired the security features necessary for redesigning and protecting banknotes, "said former bureau chief Larry Felix, citing the hope of freeing the 20 dollars of Tubman in 2020, along with the 100th anniversary of the 19th Amendment guaranteeing the right to vote of women. .

Felix said that there was too much safety work to be done on the design for it to be published so quickly.

Neither a representative of Schumer nor Pelosi responded to a request for comment.

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