Alexander Hamilton currently featured on the $10 bill |
In five years, the Treasury department will replace Alexander Hamilton featured on the $10 bill with a historical female figure.
"It's time for a woman to be back on our paper currency," Treasury Secretary Jack Lew told CBS News correspondent Julianna Goldman. After nearly 120 years, Lew said America's cash will finally honor the contributions of women.
"It is a signal to the world of what we think and representing all of our people in our history is part of who we are," Lew said.
The pick of the $10 bill is a bit of a surprise. Over the last several months, a campaign to put a woman on the $20 bill went viral.More than 600,000 votes were cast to replace President Andrew Jackson, with abolitionist Harriet Tubman winning out. While some might say the $10 is not as "prestigious" as the $20 bill, Lew said he thinks the "$10 bill is a pretty big deal."
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