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Tag Archives: currency

Treasury official says Harriet Tubman will go on $20 bill

FILE - This April 17, 2015, file photo provided by the U.S. Treasury shows the front of the U.S. $20 bill, featuring a likeness of Andrew Jackson, seventh President of the United States. U.S. Treasury officials declined to comment Monday, April 18, 2016, on the specifics of a CNN report that Treasury Secretary Jacob Lew has decided to keep Andrew Hamilton, the first U.S. Treasury secretary, on the $10 bill, and instead replace Jackson's portrait on the $20 bill with a woman who represents the struggle for racial equality. (U.S. Treasury via AP)

WASHINGTON — A Treasury official says Secretary Jacob Lew has decided to put Harriet Tubman on the $20 bill, making her the first woman on U.S. paper currency in 100 years. The official, who spoke on condition of anonymity in advance of Lew’s official announcement, says that the 19th century abolitionist and leader of the Underground Railroad, would replace the portrait of ...

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Lawmakers looking to push Chinese on 'currency manipulation'

WASHINGTON — A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese “currency manipulation” is hurting the U.S. economy. The bill calls for stiff trade sanctions if China does not act. Treasury Secretary Timothy Geithner says the legislation is a sign ...

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