Thursday, June 18, 2015

Treasury Secretary Lew Announces a Woman Will Be Featured on the $10 Bill

Treasury Secretary Jacob J. Lew has announced that a newly redesigned $10 note will feature a woman.

According to the, Treasury, Secretary Lew will select "a notable woman – with a focus on celebrating a champion for our inclusive democracy."

 In keeping with that theme, the U.S. Department of the Treasury is asking the American people to share ideas, symbols, and designs for the new $10 note that reflect what democracy means to them. You can share your ideas using the hashtag the New 10 or by visiting thenew10.treasury.gov.

The Treasury Department, with the Bureau of Engraving and Printing, expects to unveil the new $10 note in 2020, the 100th anniversary of the passage of the 19th Amendment, which gave women the right to vote.

Historically, the Secretary has relied on the Bureau of Engraving and Printing (BEP) to provide advice on themes, symbols and concepts to be used on currency.  However, for the newly redesigned $10 note, the Secretary is seeking input from the public about what qualities best represent democracy to help guide the design process for the next generation of notes.

Over the summer, Secretary Lew, Deputy Secretary Sarah Bloom Raskin, Treasurer Rosie Rios, and other Administration officials will be conducting roundtables, town halls, and other meetings to collect input.  Throughout the process, Treasury will also be reviewing comments submitted via thenew10.treasury.gov, as well as those posted on social media using “TheNew10” hashtag, or #TheNew10.  Treasury staff will review the input received and provide information to Secretary Lew over the course of the discussion.

While the final decision on all design features belongs to Secretary Lew, he will receive regular updates on the public feedback as he considers new design aspects and the portrait selection for the $10 note.  He will announce his selection later this year.

According to the Federal Reserve, there were 1.9 billion $10 notes in circulation as of December 31, 2014.

The Fiscal Year 2015 Yearly Currency Order for the $10 note is 627,200,000 notes.  The note is being printed at the Fort Worth, Texas facility.

The $10 note in its current design was unveiled on September 28, 2005 and issued on March 2, 2006.

In the change from Series 1914 to Series 1928, the portrait on the $10 note changed from Andrew Jackson to Alexander Hamilton.

The only criterion for a portrait selected for currency is that the person must be deceased.





12 comments:

  1. I'd like Hariette Tubman, but we'll probably get Eleanor Roosevelt.

    ReplyDelete
  2. Bride of Frankenstein
    #TheNew10

    ReplyDelete
  3. One upside is that it could boost Dr Tom DiLorenzo's book sales. More people informed about the execrable Hamilton is definitely a good thing.

    ReplyDelete
  4. Little Debbie! $10 will buy you a lot of oatmill cream pies!!

    ReplyDelete
  5. I thought cash was going to be outlawed by 2020.

    ReplyDelete
  6. Perhaps, hopefully, it will be Hillary Clinton.

    ReplyDelete
  7. More insane political pandering and political correctness. What does democracy mean to me? One of the absolute worst forms of government. I literally lol'd @ inclusive democracy... as if the government actually represents the will of the people - and not the controlling oligarchy. Furthermore, have you had a conversation w/ the average voter nowadays? They are probably 10x more likely to know who Kim Kardashian or Caitlyn Jenner is than Janet Yellen. The only good thing about this idiocy is that that central banking scum Alexander Hamilton is going to be removed.

    ReplyDelete
  8. Golda Maier. She was born in the US, as opposed to some other "leaders" we know.

    ReplyDelete