Pelosi: Trump delay on Harriet Tubman $20 is 'an insult to the hopes of millions'

Pelosi: Trump delay on Harriet Tubman $20 is 'an insult to the hopes of millions'
© Aaron Schwartz

Speaker Nancy PelosiNancy PelosiBiden marks World AIDS Day with new actions to end HIV epidemic by 2030 DeFazio becomes 19th House Democrat to retire Pelosi: Democrats can't allow 'indecent' Boebert comments to stand MORE (D-Calif.) slammed the Trump administration over its decision to delay releasing an updated $20 bill featuring Harriet Tubman.

“It is an insult to the hopes of millions that the Trump Administration is refusing to honor Harriet Tubman on our $20 bill. This unnecessary decision must be reversed,” Pelosi tweeted Thursday.

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

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"The primary reason we’ve looked at redesigning the currency is for counterfeiting issues,” Treasury Secretary Steven MnuchinSteven MnuchinThe Hill's Morning Report - Presented by Facebook - Biden to tackle omicron risks with new travel rules Mnuchin and McConnell discuss debt limit during brief meeting Major Russian hacking group linked to ransomware attack on Sinclair: report MORE said in May. “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.” 

Senate Minority Leader Charles SchumerChuck SchumerDemocrats wrangle to keep climate priorities in spending bill  Coons says White House could impose border fee for carbon-intensive products The Hill's Morning Report - Presented by Facebook - The omicron threat and Biden's plan to beat it MORE (D-N.Y.) on Wednesday called for an investigation into the delay. 

"I ask that you conduct an investigation into decisions made at the Treasury since January of 2018 regarding the delay of the redesign of the $20 note," Schumer wrote in a letter to Treasury Department Inspector General Eric Thorson.

"I also ask that you review the involvement of other participants in the interagency process related to the redesign – including the Secret Service, Federal Reserve, and the White House – to ensure that political considerations have not been allowed to infect the process for designing American currency." 

The delay was interpreted by some as an attempt to placate President TrumpDonald TrumpMedia giants side with Bannon on request to release Jan. 6 documents Cheney warns of consequences for Trump in dealings with Jan. 6 committee Jan. 6 panel recommends contempt charges for Trump DOJ official MORE, who has often praised former President Andrew Jackson, who currently appears on the $20 bill. The president has suggested that Tubman can instead be placed on the $2 bill.

"Andrew Jackson had a great history, and I think it's very rough when you take somebody off the bill," Trump said in 2016.