The U.S. Treasury Department is not currently pursuing plans to put Harriet Tubman on the $20 bill, Treasury Secretary Scott Bessent said Monday. In remarks to reporters via Spectrum News, Bessent indicated the Trump administration is “not at present” planning to place Tubman’s likeness on the currency. The decision comes amid prior efforts during the Obama administration to replace Andrew Jackson with Tubman on the $20 bill. Those earlier plans were aimed at updating the bill’s historical figures, shifting from Jackson to Tubman.
Multiple outlets report that Treasury has now scrapped the ongoing effort associated with Tubman’s placement on the denomination. The sources do not specify whether the change has been fully reversed or whether there is any timeline for future consideration. The reporting focuses on Bessent’s statement that the current administration is not actively planning the move at this time.