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Native American for first time named US treasurer

Native American US treasurer
Image: Video Screenshot

The signature on dollar bills will get a historic change after the appointment of the first Native American woman as treasurer, overseeing production of US money.

The White House announced Tuesday that President Joe Biden intends to appoint Marilynn Malerba, chief of the Mohegan tribe, as the nation’s treasurer. That means she’ll oversee the US Mint and the Bureau of Engraving and Printing, which produce coins and notes, as well as the famous gold bullion stored in Fort Knox.

In addition to Malerba’s signature appearing on the US currency — the first time for any Native American — the filling of the vacant position means that Treasury Secretary Janet Yellen will likewise see her signature on bills.

Until now, newly printed notes had to keep using the signature of former president Donald Trump’s treasury secretary Steven Mnuchin.

Malerba is expected to keep her job as Mohegan chief, based on a reservation in Connecticut — it’s a lifetime appointment.

“I am honored and humbled by Secretary Yellen and the Biden Administration’s commitment to ensuring that all voices are heard by Treasury as we work together to create an equitable and just society,” Malerba said in a statement.

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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