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A close-up of the front of the US 10-dollar bill bearing the portrait of Alexander Hamilton, America's first Treasury Secretary.
Treasury Secretary Jack Lew will announce Wednesday the decision to keep Alexander Hamilton front and center on the $10 bill and place Harriet Tubman on the $20, Politico reported.
The decisions will come more than a month after Lin-Manuel Miranda, the star of the Broadway musical "Hamilton," spoke with Lew about keeping Hamilton on the $10 bill, and about a year after Women on 20s, a nonprofit organization, began a movement to replace former President Andrew Jackson with a woman on the $20.
A Treasury official later told CNBC that Tubman will replace Jackson on the $20, but stopped short of confirming that Hamilton had survived.
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Originally, Lew said Hamilton would be replaced by a woman on the $10. "With such a wide reach, America's currency makes a statement about who we are and what we stand for as a nation," he said June 17, adding that "this decision of putting a woman on the $10 bill reflects our aspirations for the future as much as a reflection of the past."
The original plan was never commentary on the first U.S. Treasury secretary.
The Treasury had said in 2013 that it had selected the $10 bill for the next redesign, and the department announced that the new note will be the first of the next democracy-themed generation of currency.
Politico also reported there will be some changes to the $5 bill that will depict civil rights era leaders.