Forex News

U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills

2022.12.01 01:42



© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst/File Photo

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon adorn U.S. dollars in order to avoid the illegible scrawls of her predecessors Tim Geithner and Jack Lew.

“I knew this was something you could really screw up and I wanted to get it right, and I practiced and I practiced,” Yellen told CBS’s late-night comedian Stephen Colbert on Wednesday.

Yellen said people had made fun of the signatures of both Lew, who drew what some said looked like eight circles that were connected, and Geithner, and they ultimately had to redo their signatures. But she said she thought people would be able to read hers.

“You see what you think, but I think you’ll be able to read the letters,” she told Colbert, who promised to do an on-air critique once the money is in circulation next year.

Yellen, the first woman to serve as Treasury Secretary, said she would travel to Fort Worth, Texas next week to see the first currency printed with her signature and that of U.S. Treasurer Marilynn Malerba, the first Native woman to hold that post.

“I am going to see the first sheets of currency that have been printed with both of our names,” Yellen said.

Fort Worth is one of just two sites where the Bureau of Engraving and Printing produces U.S. currency, along with another site in Washington, D.C.

Malerba’s appointment by President Joe Biden in June paved the way for Yellen’s signature to be added to the U.S. currency, as this was prohibited without a U.S. Treasurer in place. Dollar notes have been printed since Yellen took office in early 2021 with former Treasury Secretary Steven Mnuchin’s signature on them.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,575.88 1.13%
ethereum
Ethereum (ETH) $ 3,408.66 1.67%
tether
Tether (USDT) $ 0.99899 0.01%
xrp
XRP (XRP) $ 2.20 1.40%
bnb
BNB (BNB) $ 705.37 3.12%
solana
Solana (SOL) $ 190.52 0.97%
dogecoin
Dogecoin (DOGE) $ 0.319263 0.97%
usd-coin
USDC (USDC) $ 1.00 0.05%
staked-ether
Lido Staked Ether (STETH) $ 3,403.32 1.60%
cardano
Cardano (ADA) $ 0.899818 3.57%
tron
TRON (TRX) $ 0.2635 4.87%
avalanche-2
Avalanche (AVAX) $ 38.32 1.56%
the-open-network
Toncoin (TON) $ 5.84 2.23%
chainlink
Chainlink (LINK) $ 23.31 1.55%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,044.62 1.56%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.41%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,491.85 1.08%
sui
Sui (SUI) $ 4.33 1.51%
bitget-token
Bitget Token (BGB) $ 8.37 15.20%
hedera-hashgraph
Hedera (HBAR) $ 0.286525 1.18%
polkadot
Polkadot (DOT) $ 7.18 2.38%
stellar
Stellar (XLM) $ 0.358961 0.01%
weth
WETH (WETH) $ 3,405.74 1.48%
hyperliquid
Hyperliquid (HYPE) $ 28.24 12.68%
bitcoin-cash
Bitcoin Cash (BCH) $ 456.35 4.02%
leo-token
LEO Token (LEO) $ 9.20 0.10%
uniswap
Uniswap (UNI) $ 13.96 7.64%
litecoin
Litecoin (LTC) $ 104.26 1.05%
pepe
Pepe (PEPE) $ 0.000018 4.14%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,593.31 1.69%
near
NEAR Protocol (NEAR) $ 5.23 2.47%
ethena-usde
Ethena USDe (USDE) $ 0.998251 0.01%
usds
USDS (USDS) $ 1.00 0.19%
internet-computer
Internet Computer (ICP) $ 10.71 2.00%
aave
Aave (AAVE) $ 338.43 0.08%
aptos
Aptos (APT) $ 9.11 2.38%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.497469 3.31%
crypto-com-chain
Cronos (CRO) $ 0.153662 1.40%
mantle
Mantle (MNT) $ 1.24 4.93%
ethereum-classic
Ethereum Classic (ETC) $ 26.73 2.85%
vechain
VeChain (VET) $ 0.048074 1.28%
render-token
Render (RENDER) $ 7.33 2.08%
bittensor
Bittensor (TAO) $ 492.47 3.70%
monero
Monero (XMR) $ 193.54 0.33%
whitebit
WhiteBIT Coin (WBT) $ 24.62 0.30%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 6.05%
mantra-dao
MANTRA (OM) $ 3.71 1.91%
dai
Dai (DAI) $ 0.999968 0.04%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.42 18.62%
arbitrum
Arbitrum (ARB) $ 0.790577 4.74%