Photo: Ann Ronan Pictures/Print Collector/Getty Images

Treasury Secretary Steven Mnuchin said at a House Financial Services Committee hearing on Wednesday that the addition of Harriet Tubman to the $20 bill has been delayed until 2028, CNBC reports.

Backdrop: In 2016, President Obama's former Treasury Secretary Jack Lew announced a new initiative to feature Tubman on the front side of the bill and President Andrew Jackson on the back. The bill would be released in 2020 to commemorate the 100th anniversary since the 19th Amendment, which gave women the right to vote, per the New York Times.

Mnuchin told the House Financial Services Committee that the administration is more focused on redesigning the currency to tackle counterfeiting issues, per CNBC. President Trump has previously said that the Obama-led initiative to put Tubman on the $20 bill is "pure political correctness," and suggested putting her on the $2 bill instead, per ABC.

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Updated 14 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 31,444,163 — Total deaths: 967,305— Total recoveries: 21,551,157Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 6,889,086 — Total deaths: 200,641 — Total recoveries: 2,615,974 — Total tests: 95,846,925Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
  5. Business: Two-thirds of business leaders think pandemic will lead to permanent changes — Fed chair warns economy will feel the weight of expired stimulus.
  6. Sports: NFL fines maskless coaches.

House Democrats, Trump administration strike deal to avert government shutdown

House Speaker Nancy Pelosi (D-Calif.). Photo: Tom Williams/CQ-Roll Call via Getty Images

House Democrats have reached a deal with the Trump administration on legislation to fund the government through Dec. 11, Speaker Nancy Pelosi (D-Calif.) announced Tuesday.

Why it matters: The deal will avert a government shutdown when funding expires in eight days. Pelosi and House Majority Leader Steny Hoyer (D-Md.) said earlier that they hoped to hold a vote on the legislation on Tuesday evening.

Updated 1 hour ago - Politics & Policy

Trump says he will announce Supreme Court pick on Saturday

Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted Tuesday that he plans to announce his Supreme Court pick on Saturday. He later told reporters that the announcement will come at 5 p.m.

Why it matters: Republicans are moving fast to replace the late Justice Ruth Bader Ginsburg, which would tilt the balance of the high court in conservatives' favor and have lasting impact on climate policy, immigration and the Affordable Care Act.

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