With so much going on in Washington D.C. it''s kinda hard to keep up with President Trump and his cabinet''s dirty deeds. One of the things that may have been over looked was news from Treasury Secretary Steven Mnuchin. On Thursday (August 31), Mnuchin announced that the department may scrap plans to place famed abolitionist Harriet Tubman on the $20 bill.
The decision to have Tubman on the bill was finalized under the Obama administration, yet Mnuchin told CNBC he''s not focused on the planned currency changes and would not commit on whether or not he''s proceeding with them. This is just the latest in an apparent effort to undo anything finalize during the Obama presidency.
Munchin said the primary reason the treasury department changes the designs of bills is to cut down on counterfeiting, which is something the Obama administration specified when the announcement to replace Andrew Jackson with Harriet Tubman on the $20 bill was announced last April.
Along with changes to the $20 bill, the $10 and the $5 would also be experiencing a face lift of sorts. New designs for the back of the $10 were slated to feature leaders of the suffrage movement, while the $5 bill would feature pivotal moments from the Civil Rights moments at the Lincoln memorial.
While no decision has been made, it looks like another positive change will be undone thanks to the new regime in town. Till then, let hope we still get to one day say, "Pay Me...In Tubs."
?- Kevin Gray