Secretary of the Treasury Jack Lew said that public opinion will be sought on which historic figure to feature on the bills.
“We’re going to spend a lot of time this summer listening to people,” Lew said.
However, it will take around five years for the new bill to enter into circulation due to the complicated re-designing required, especially against counterfeiting.
The new bills will incorporate touch features for the blind.
The seven US bills currently in circulation, display presidents George Washington ($1), Thomas Jefferson ($2), Abraham Lincoln ($5), Andrew Jackson ($20) and Ulysses S. Grant ($50), as well as the first secretary of the treasury, Alexander Hamilton ($10) and one of the country’s founding fathers, Benjamin Franklin ($100).
In 2014, a feminist organisation, “Women on 20s”, tried to convince US President Barack Obama that “it’s time we put a woman on the $20 bill”.
Though the portrait is to appear on a $10 bill and not a $20 bill, the organisation has offered up ideas on the face that could feature on the bill.
The suggestions include Eleanor Roosevelt, wife of president Franklin Delano Roosevelt (1933-1945) and human rights activist, Harriet Tubman, former slave and abolitionist leader, and Rosa Parks, famous activist against racial segregation.