Mnuchin: No Plans to Replace Jackson on $20 Bill

Share
Mnuchin: No Plans to Replace Jackson on $20 Bill

After the announcement, many were looking forward to dropping Tubmans. Now, we may not have the chance to.

According to CNBC, Treasury Secretary Steve Mnuchin is focusing on different initiatives, but will look at whether or not to replace Jackson in the future. The administration's plans thus far have been short on details, but they generally seek to lower the corporate tax rate from the highest in the world at 35 percent to as low as 15 percent. "Right now we have a lot more important issues to focus on", Mnuchin said. "And that's what I'm focused on for the most part".

A portrait of Jackson hangs over Trump in the Oval Office.

.

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

"The decision to put Harriet Tubman on the new $20 was driven by thousands of responses we received from Americans young and old", Lew said in an open letter past year. Yes, I think it's pure political correctness. She described it as a successful effort to make the financial system stronger following the 2008 financial crisis.

Wait a minute on that plan to put Harriet Tubman on the $20 bill.

Mnuchin's being a little disingenuous to suggest that keeping Jackson on the 20 is about sticking with the status quo.

Mnuchin told lawmakers in July they needed to raise the debt limit by Sept 29, otherwise the USA government might not have enough money to pay all its bills. And this is something we will consider.

Finally, the secretary made it clear that any changes to the $20 or any other bill won't be done to get rid of white supremacists, but to stop crime.

Under the Obama administration, officials also emphasized the need to change bills to prevent counterfeiting, but felt the opportunity to pay homage to leaders of the suffrage and other civil rights movements was an added benefit. I've received classified briefings on that.

Treasury Secretary Steven Mnuchin says the original goal of getting Congress to pass comprehensive tax reform by August "got delayed a bit", but the administration is still on track to have a measure signed into law by the end of this year.

Remember, sharing is caring.

Share

Advertisement

Related Posts

No criminal charges will be filed in Ohio State Fair ride malfunction
OSHP says it interviewed over 80 witnesses, including people on the ride when it broke apart during the criminal investigation. Consumer Product Safety Commission discovered "a good amount of rust and corrosion" on the ride.

Arsenal Making Slow Progress On Deal To Sign Liverpool Target Thomas Lemar
France are second in World Cup qualifying Group A, level on points with leaders Sweden and three ahead of Netherlands in third. City have offered the Gunners £55 million plus £5 million in add ons for the Chilean.

Activision drops Call of Duty: WWII beta early for some consoles
Divisions - Enlist in the Infantry, Expeditionary, Airborne, Armored, or Mountain Division. Modes - Fan-favorite modes, including Team Deathmatch, Domination, and Hardpoint.

Gary Anderson Claimed His First Coral UK Open Title
A Few Information About Gary Anderson Gary Anderson is a professional darts player who was born in 1970 in Musselburgh. He’s 24 years younger than Gary Anderson, so we can agree that the experience made the difference in this case.

Ducati SuperSport bookings open
The L-twin has four valves per cylinder, and makes 110 bhp at 9,000 rpm and a maximum torque of 93 Nm at 6,500 rpm. The new SuperSport range comes with 937cc Testastretta engines from the Hypermotard lineup.

Man Utd rep 'today asked Real Madrid to open Bale negotiations'
The winger has constantly been linked with a move to Old Trafford, with United reportedly lodging a £93m earlier this week. Twenty teams have made enquiries about Real Madrid youngster Marcos Llorente, including PSG, Sevilla and Valencia.

Houston seeking supplies, shelter for 10000 more displaced by floods - mayor
The City of Houston is also warning about imposters who are posing as law enforcement, telling people to evacuate. His wife begged him to stay home due to safety concerns but he said these last words, "I've got work to do".

Justice is served as new Judge Dredd figure preorders are now open
Despite the hefty price tag of $799.99, there is a 15% discount available for customers who pay in full or opt into a payment plan.

Why Gambling Is Better than Sports Betting
Additionally, they can use these versions to practice various strategies to see which one will earn them the best winning chances. These versions give the gambler a chance to sift through the games to find the best one that resonates with their style.

Liverpool signs Oxlade-Chamberlain from Arsenal for $45m
Liverpool are also trying to conclude a club-record deal for Monaco midfielder Thomas Lemar before the transfer window closes. Liverpool have agreed a fee of £35m for Arsenal midfielder Alex Oxlade-Chamberlain, according to Sky Sports.

© 2015 ExpressNewsline. All Rights reserved.