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 PelosiGiuliani pens op-ed slamming 'unprecedented' impeachment inquiry Brindisi, Lamb recommended for Armed Services, Transportation Committees Overnight Health Care: Top health official defends contract payments to Trump allies | Vaping advocates confident Trump will turn from flavor ban | Sanders gets endorsement from nurses union 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 Terner MnuchinNew book questions Harris's record on big banks On The Money: US paid record .1B in tariffs in September | Dems ramp up oversight of 'opportunity zones' | Judge hints at letting House lawsuit over Trump tax returns proceed Democrats ramp up oversight efforts over 'opportunity zone' incentive 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 SchumerCharles (Chuck) Ellis SchumerDivided Supreme Court leans toward allowing Trump to end DACA Ilhan Omar blasts Pete King as an 'Islamophobe' after he announces retirement: 'Good riddance' Top Senate Dem: Officials timed immigration policy around 2020 election 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 John TrumpTrump faces high stakes in meeting with Erdoğan amid impeachment drama Democrats worry they don't have right candidate to beat Trump Trump threatening to fire Mulvaney: report 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.