U.S. $10 bill (Photo : Reuters)
The United States Treasury will make an official announcement on Thursday that an American woman will join Alexander Hamilton on a new $10 bill, following an unofficial tweet by the president of a non-partisan group. That new face on the U.S. paper currency will appear in 2020 at the earliest.
U.S. Treasury Secretary Jack Lew made the announcement about the new paper currency, according to CNN. The year 2020 is significant as it will mark the 100th anniversary of the Constitution's 19th amendment, which provided American women the legal right to vote.
The last woman on U.S. paper money was Martha Washington, wife of the first president George Washington. She was on a $1 Silver Certificate that was printed from 1891 to 1896.
Nancy Lindborg, president of the Institute of Peace, tweeted on June 10 about the Treasury Dept.'s announcement. The U.S. Congress funds her group.
Following Lindborg's announcement, a White House reporter tweeted that she had "broken" an embargo on the release of information, according to IJReview. The embargo was midnight Thursday.
While most of the recent news about new U.S. money has centered on the $20 note, in March CNN reported that a new $10 bill was also in the works. That included Hamilton possibly being replaced.
However, it now seems that Hamilton will share space with a woman on the updated bill. He will either be the centerpiece or be pictured beside the female American.
The crowdsourcing hashtag #TheNew10 will give social media users a chance to help choose the new person on the $10 bill, based on Lindborg's tweet. Hamilton was the first U.S. Secretary of the Treasury; and creator of the Federalist Party, the world's first voter-based political party.
While the new $10 bill could be printed in five years, the first version was officially issued in 1861. It featured Abraham Lincoln.
