Why Some Lawmakers Want to Keep Alexander Hamilton on the $10 Bill

Lawmakers want the administration to put a woman on the $20 bill, not the $10.

— -- Not everyone is excited about the Treasury Department’s decision to replace Alexander Hamilton on the $10 bill.

"We find it disappointing that Alexander Hamilton, one of the most influential interpreters of the U.S. Constitution...and the founder of the nation’s financial system, will be removed from our currency," the lawmakers wrote in a letter to Lew last week.

The members are backing a grassroots effort to put a woman on the $20 bill. Supporters say Jackson’s treatment of Native Americans, his opposition to paper money and his ownership of slaves are all reasons why he should be replaced with a famous female.

"America’s currency sends a message both at home and abroad about our shared values,” the lawmakers wrote. “However, we have to get that message right.”

The Treasury Department announced in June that a woman would replace Hamilton at the center of the $10 bill in 2020, but has yet to select a replacement. Hamilton will still be featured on the remodeled currency.

Older $10 bills will remain in circulation.