Tags: trump | tubman | treasury

Treasury IG to Probe Why Trump Delayed Tubman $20 Note

a photograph of harriet tubman
American abolitionist leader Harriet Tubman (1820 - 1913). (Photo by MPI/Getty Images)

By    |   Monday, 24 June 2019 07:01 PM

Senate Minority Leader Chuck Schumer’s request for an investigation into the Trump administration’s decision to delay releasing an updated $20 bill featuring Harriet Tubman will be completed by the Treasury Department’s inspector general, the Hill reports.   

"It will specifically include a review of the process with respect to the $20 bill. If, in the course of our audit work, we discover indications of employee misconduct or other matters that warrant a referral to our Office of Investigations, we will do so expeditiously," Rich Delmar, the department's acting IG, wrote in the letter to Schumer.

The Treasury Department was expected to release the bill in 2020, but in May announced that the project would be postponed for at least eight years.

"The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Treasury Secretary Steven Mnuchin said at the time. “Based upon this, the $20 bill will now not come out until 2028. The $10 and the $50 will come out with new features beforehand.” 

Schumer last week requested an investigation into “decisions made at the Treasury since January of 2018 regarding the delay” of the $20 bill.  

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
Senate Minority Leader Chuck Schumer's request for an investigation into the Trump administration's decision to delay releasing an updated $20 bill featuring Harriet Tubman will be completed by the Treasury Department's inspector general, the Hill reports. ...
trump, tubman, treasury
190
2019-01-24
Monday, 24 June 2019 07:01 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved