The redesigned bill was supposed to be unveiled in 2020 but has been delayed eight years.
The planned redesign of the $20 bill to feature abolitionist Harriet Tubman has been put on hold, Treasury Secretary Steven Mnuchin told a panel of lawmakers on Wednesday.
First announced in April 2016 by Treasury Secretary Jack Lew, the decision to redesign the $20 bill followed a nearly yearlong public comment period as part of a campaign to feature a woman on a U.S. currency bill for the first time in more than a century. Mnuchin said on Wednesday that his department will only “meet the security feature redesign in 2020,” delaying Lew’s original plan to include both new security and design elements by next year.
“It is my responsibility now to focus on what is the issue of counterfeiting and the security features,” he told the committee. “The ultimate decision on the redesign will most likely be on other secretaries down the road.”
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