US Treasury Inspector to Look Into Delay of New Tubman $20 Bill
The U.S. Treasury inspector general says he will look into why the Trump administration decided to scrap plans to put escaped slave turned abolitionist Harriet Tubman on the $20 bill. Treasury Secretary Steven Mnuchin announced the move last month, saying the change is because of “counterfeiting issues.” But Democratic Senate Minority leader Chuck Schumer said he is not satisfied with Mnuchin’s vague explanation, saying it lacked credibility. He asked the Treasury’s watchdog to investigate the circumstances “including any involvement by the White House.” “There are no women, there are no people of color on our paper currency today even though they make up a significant majority of our population,” Schumer said. The redesigned bill was to have entered circulation next year, but Mnuchin said it will be put off until 2028. It is also unclear whether Tubman will still be on the new bill when it is finally rolled out. He said the “imagery feature” (who will appear on the bill) will not be a matter until long after he and U.S. President Donald Trump are out of office. The $20 bill currently features a picture of 19th century U.S. President Andrew Jackson. Jackson owned slaves and forced Native Americans …