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This Campaign Wants a Woman On the $20 Bill and They Want You to Choose Who It Will Be

Women On 20s wants a female face on paper currency in time for the 100th anniversary of the 19th amendment

image via youtube screen capture

Money, it seems, is something of a boys’ club. George, Abraham, Andrew, and (if we’re lucky) Benjamin stare out at us from our wallets without a single female counterpoint to offset the unanimously Y-chromosomal state of our paper currency. But, with the 100th anniversary of the 19th amendment (that’d be the one prohibiting any U.S. citizen from being denied the right to vote based on their sex) on the horizon in 2020, there’s a new campaign underway to bring some much-needed female perspective to our money problems: Specifically, by replacing Andrew Jackson with a woman on the twenty dollar bill.

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Why Are 1 Billion Dollar-Coins Just Sitting in the Federal Reserve?

The Fed has piles and piles of dollar-coins that no one wants. How did they get there?


The government has been complaining it's broke, but NPR reports that more than a billion dollar-coins are sitting unused in government vaults. It cost more than $300 million of your tax dollars to produce these coins and now, apparently, no one wants them.

The surplus is the result of a program started in 2007 to put the images of every deceased U.S. president on the coins, in addition to the Sacagawea dollar-coins that the government still mints. The Fed is even running out of room to store them. Their solution­: Build a new storage facility at the Federal Reserve Bank of Dallas, at a cost of approximately $650,000. The situation has gotten so bad that three Democratic Senators sent a letter on Monday to the Federal Reserve urging them to explain themselves.

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Report: Replacing $1 Bills with $1 Coins Could Save America Billions

A new report says America could save billions by scrapping $1 bills for $1 coins.


According to a U.S. Government Accountability Office report released Friday, if the United States were to replace its dollar bills with dollar coins, as much of the world has done, it would likely save the country $5.5 billion over the next 30 years. Because dollar coins are durable, capable of lasting decades, they're far more cost-efficient than dollar bills, which have a lifespan of about a year and a half. The report notes that though the initial transition would find the country incurring a loss for the first four years, each year beyond that would save the government millions.

America has introduced a dollar coin before, but the GAO says those efforts failed because the government didn't also take the dollar bill out of circulation, as Canada and the United Kingdom did when they traded paper for metal. "Officials from both [Canada and the U.K.] told GAO that this step was essential to the success of their transition and that, with no alternative to the note, public resistance dissipated within a few years."

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