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April 17, 2016

Report: Woman to replace Andrew Jackson on $20 bill

Alexander Hamilton to remain on $10 bill

Money Currency
041716_twentydollars Source/AP

Andrew Jackson could be replaced on $20 bill.

Andrew Jackson will reportedly be removed from the face of the $20 bill.

A woman is slated to replace the former president, according to CNN.

U.S. Treasury Secretary Jack Lew is expected to announce the decision this week.

Last June, the Treasury Department unveiled its plans to redesign the $10 bill, which would have ousted the first Treasury Secretary Alexander Hamilton. The bill would feature "a woman who has contributed to and represents the values of American democracy."

However, a public outcry, bolstered by a hit Broadway musical, defended the place of Hamilton.

The Treasury Department appears to have backed off on the original plan as Hamilton will reportedly remain on the front of the $10, but the back of the bill will be altered to commemorate the women's suffrage movement.

Jackson has been depicted on the $20 bill since 1928. A year later, Hamilton started to appear on the $10.