American currency will undergo one of the biggest sea changes in modern memory, with abolitionist Harriet Tubman replacing Andrew Jackson as the face of the $20 bill, according to multiple media reports.
Treasury Secretary Jacob J. Lew made the announcement Wednesday afternoon that Jackson, a slaveholder who was president from 1829-37, would be on the bill’s flip side.
Meanwhile, Alexander Hamilton, the founder of America’s financial system, will get to stay on the front of the $10 bill, according to a statement by Lew's office.
Hamilton -- born out of wedlock in the British West Indies and killed in a duel with political rival Aaron Burr in Weehawken, N.J. – is currently the subject of a wildly successful Broadway play.
The depiction of the U.S. Treasury Building on the back of the $10 bill will be replaced with a picture of a women’s rights march in 1913 along with portraits of women’s rights leaders such as Susan B. Anthony, according to a report in The New York Times
The New York Times’s story said Tubman’s appearance on the twenty will be the first time that a woman has been on U.S. paper currency since first lady Martha Washington’s visage appeared on a 19th-century silver certificate.
The Treasury plans to roll out the new designs in 2020, The New York Times reported.
Abraham Lincoln gets to stay on the front of the $5 bill, but the image of the Lincoln Memorial on the back will depict historic events that happened there, such as the Rev. Martin Luther King Jr.’s famed “I Have a Dream” speech, according to The New York Times and other media outlets.
Marian Anderson, one of the most celebrated singers of the 20th century, and Eleanor Roosevelt, wife of President Franklin D. Roosevelt, a Hyde Park, N.Y. native, and a political powerhouse in her own right, will also make an appearance, Lew announced.
To read The New York Times story, click here.
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