fbpx
Merck Foundation and African First Ladies marking World Cancer Day 2023 through 110 scholarships of Oncology Fellowships in 25 countriesRead more Supporting women leaders and aspirants to unleash their potentialRead more Fake medicines kill almost 500,000 sub-Saharan Africans a year: United Nations Office on Drugs and Crime (UNODC) reportRead more Climate crisis and migration: Greta Thunberg supports International Organization for Migration (IOM) over ‘life and death’ issueRead more United Nations (UN) Convenes Lake Chad Countries, Amid Growing Regional CrisisRead more 11 Disruptive Startups Selected for Cohort 3 of the Africa Startup Initiative Program (ASIP) Accelerator Program powered by Startupbootcamp AfricaRead more Africa Data Centres breaks ground on new Sameer facility in NairobiRead more Coffee with a human face: A union that improves livelihoods for Ugandan farmersRead more Trends Predicted to drive the retail industry in 2023Read more Vantage Capital exits Pétro IvoireRead more

Greenback to bear signatures of two women for first time

show caption
US Treasury Secretary Janet Yellen (C) and Treasurer Marilynn Malerba (L) sign $1 bills at the Bureau of Engraving and Printing facility in Fort Worth on December 8, 2022./AFP
Print Friendly and PDF

Dec 09, 2022 - 03:21 AM

FORT WORTH, UNITED STATES — The US dollar will bear two women’s signatures for the first time, belonging to Treasury Secretary Janet Yellen and US Treasurer Lynn Malerba, officials said Thursday as they unveiled the banknotes.

The notes are set for delivery to the Federal Reserve this month and will be in circulation starting 2023, according to the Treasury Department.

“This is the first time the signature of a woman Treasury Secretary will be on a US banknote. And the first time the signatures of two women will be on our currency,” said Yellen in a speech at the Bureau of Engraving and Printing’s facility in Fort Worth, Texas.

“Today is not about me or a new signature on our currency. It’s about our collective work to create a stronger and more inclusive economy,” she added.

Currently, women represent about 62 percent of the Treasury workforce and hold positions of power, she said.

But much more needs to be done, Yellen added.

“I hope that today is a reminder of the road we’ve traveled on equity and inclusion. And I hope it motivates us to continue to move forward,” she said.

Malerba’s signature also marks the first time US currency will feature the signature of a Native American woman.

“This moment is history,” said Malerba.

The first such notes coming into circulation will be $1 and $5 bills.

“I’ll admit: I spent some quality time practicing my signature before submitting it,” Yellen said.

Former president Barack Obama’s Treasury Secretary Tim Geithner “famously had to change his signature in order to make it legible,” she added.

Apart from the site in Texas, the only other greenback printing facility is in US capital Washington.

  • bio
  • twitter
  • facebook
  • latest posts

MAORANDCITIES.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.