Why Did The Treasury End The Harriet Tubman $20 Bill Plan

The Treasury Department has confirmed it is no longer moving forward with a plan to place Harriet Tubman on the U.S. $20 bill.

According to the report, Treasury Secretary Scott Bessent said the department has abandoned the redesign that was first announced in 2016 during the Obama administration to honor Tubman's role in leading enslaved people to freedom through the Underground Railroad.

The report said President Donald Trump criticized the proposal during his 2016 presidential campaign, calling it an example of political correctness.

His first administration later delayed the redesign, and Bessent has now confirmed it is not currently under consideration.

Critics of the Tubman delay have previously argued that repeated postponements undermined the significance of the planned redesign.

Related Tweet:

Treasury scraps plans to put Harriet Tubman on $20 billhttps://t.co/xsVaieJwOF

— The Hill (@thehill) July 7, 2026

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tippinsightsTIPP Staff