The Treasury Department is set to announce Wednesday that it plans to replace former President Andrew Jackson on the $20 bill with the civil rights icon Harriet Tubman, a Treasury spokesman has confirmed to CNBC.
The spokesman also said that Alexander Hamilton, who helped create the Treasury Department, will remain on the front of the $10 bill. The back of the note will feature “women’s struggle to achieve the right to vote.”
Last summer, Secretary Jack Lew said he was considering replacing Hamilton on the $10 bill with a woman, prompting criticism from fans of one of the nation’s founding fathers.
Lin-Manuel Miranda, the creator of the Pulitzer prize-winning Broadway musical “Hamilton,” said in March that he met with Lew and was assured a redesigned $10 bill won’t disappoint fans of the first treasury secretary.