What will happen to the current 20 dollar bill?

US banknotes and coins always remain legal tender and always retain their face value in the eyes of the US government. read more

All banknotes remain legal tender until they become so worn that they are unacceptable for use and then they are withdrawn from circulation by banks and sent to the nearest Federal Reserve Bank. read more

“The decision to Harriet Tubman on the new $20 bill was driven by thousands of responses we received from Americans young and old,” Treasury Secretary Jack Lew explained Wednesday, saying the new bills should be ready for release by 2020. read more

WASHINGTON — Treasury Secretary Jacob J. Lew on Wednesday announced the most sweeping and historically symbolic makeover of American currency in a century, proposing to replace the slaveholding Andrew Jackson on the $20 bill with Harriet Tubman, the former slave and abolitionist, and to add women and civil rights leaders to the $5 and $10 notes. read more