Do americans change their currency with each new president
No, Americans do not change their currency with each new president. The United States currency is issued by the Federal Reserve, the central bank of the United States, and is not changed with each new president.
The design of the currency, including the portraits of presidents and other notable figures, is determined by the Federal Reserve and the Department of the Treasury, in consultation with the White House. The design process typically takes several years and involves a thorough review of the design, security features, and other factors.
The current denominations of US currency are:
- $1 bill (George Washington)
- $2 bill (Thomas Jefferson)
- $5 bill (Abraham Lincoln)
- $10 bill (Alexander Hamilton)
- $20 bill (Andrew Jackson)
- $50 bill (Ulysses S. Grant)
- $100 bill (Benjamin Franklin)
While there have been some changes to the design of US currency over the years, these changes are not made with each new president. For example, the $100 bill was redesigned in 2013 to include advanced security features and a new portrait of Benjamin Franklin.
It's worth noting that the Federal Reserve has announced plans to redesign the $20 bill to feature a portrait of Harriet Tubman, an African American abolitionist and civil rights activist, in place of Andrew Jackson, who is currently featured on the bill. However, this change is not being made with each new president, but rather as part of a broader effort to increase diversity and representation on US currency. The redesigned $20 bill is expected to be released in 2026.