Treasury Secretary Steven Mnuchin declined to endorse the plan for a 2020 redesign of the $20 bill that was announced by the Obama administration last year.
“People have been on the bills for a long period of time,” Mr. Mnuchin told CNBC. “This is something we’ll consider. Right now we’ve got a lot more important issues to focus on.”
President Trump, who has described himself as a “big fan” of the populist rabble-rousing president from Tennessee, made clear as a candidate that he didn’t like the proposal to replace Jackson.
“I would love to leave Andrew Jackson and see if we can maybe come up with another denomination,” he said in April 2016, after the decision was announced.
CreditH. B. Lindsley, via Library of Congress
At the time, Mr. Trump mentioned the $2 bill for Tubman. It circulates in the smallest volume of any bill, about seven times less than the $20. “I think it would be more appropriate,” he said.
Mr. Trump has not addressed the issue since becoming president, but he traveled to Tennessee in March to celebrate Jackson’s 250th birthday. His visit included laying a wreath at the former president’s tomb at The Hermitage, the plantation where Jackson kept more than 100 slaves. Mr. Trump described Jackson’s presidency as a model for his own, portraying Jackson as a populist hero who had fought against government corruption.
“That sounds very familiar,” Mr. Trump said in brief remarks from the plantation’s portico. “Wait till you see what’s going to be happening pretty soon, folks.”
Mr. Trump also put a portrait of Jackson in the Oval Office.
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