The woman, who not yet been chosen, will be featured alongside Alexander Hamilton, the Department of the Treasury confirmed Wednesday. It will mark the first time a woman has been featured on printed U.S. currency.
An enlarged print of the $10 bill is displayed on the first day of circulation of the new notes at the rotunda of the National Archives March 2, 2006 in Washington, D.C.
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U.S. treasury officials on Wednesday announced that the redesigned $10 bill will feature a woman alongside Alexander Hamilton.
Treasury Secretary Jacob Lew will announce his selection for who will be featured on the new $10 bill later this year, with the new note to be unveiled in 2020, according the Department of the Treasury.
It has not been determined when the new note will actually enter circulation.
The year 2020 marks the 100th anniversary of the 19th Amendment, which gave women the right to vote. In keeping with that theme, the treasury department said the new $10 note "should feature a woman who was a champion for our inclusive democracy."
It was not clear how the addition of a woman would manifest itself on the note, however, Lew said the redesign would retain Hamilton, a founding father and the first Secretary of the Treasury for the U.S.
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The first $10 bill, issued in 1861, featured Abraham Lincoln. The bill later featured Andrew Jackson, but was replaced with Hamilton in 1929, when all U.S. currency was changed to its current size.
The current $10 note in circulation was unveiled in 2005 and issued the following year.
The announcement to put a woman on a U.S. currency note for the first time follows a campaign started by a nonprofit.
The treasury department said in a statement they hope people will use the hashtag #TheNew10 "to express what democracy means to them and to spread the word about the redesign."
The only criteria for a nominee is that they be deceased. Hamilton and Benjamin Franklin, who is on the $100, are the only non-U.S. presidents currently featured on bills.
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