Editing Federal Reserve Note (section)

==Legal authorizations for currency, and limitations on design==
The Secretary of the Treasury is charged with the obligation to produce currency and bonds.  [https://www.law.cornell.edu/uscode/text/31/5114 31 U.S.C. § 5114].  [[U.S. Treasury|Treasury Department]] regulations further specify the quality of paper and ink to be used.  [https://www.law.cornell.edu/cfr/text/31/part-601 31 C.F.R. Part 601].  The denominations and design of currency are not further specified by law; for example, the choice of $1, $2, $5, $10, $20, $50, and $100, and the portraits on each, are largely left to the discretion of the Secretary of the Treasury.

There are few requirements set by Congress. The national motto "[[In God We Trust]]" must appear on all U.S. currency and coins.<ref name="USC|31|5114">{{USC|31|5114}}</ref>  Though the motto had periodically appeared on coins since 1865, it did not appear on currency (other than interest-bearing notes in 1861) until a law passed in 1956 required it.<ref>[[s:Public Law 84-140|Public Law 84-140]]</ref>  It began to appear on Federal Reserve Notes delivered from 1964 to 1966, depending on denomination.<ref name="history">{{cite web|url=http://www.treasury.gov/about/education/Pages/in-god-we-trust.aspx|title=History of 'In God We Trust'|work=treasury.gov|access-date=April 29, 2016}}</ref>

The portraits appearing on the U.S. currency can feature only people who have died, whose names should be included below each of the portraits.<ref name="USC|31|5114"/> Since the standardization of the bills in 1928, the Department of the Treasury has chosen to feature the same portraits on the bills. These portraits were decided upon in 1929 by a committee appointed by the Treasury. Originally, the committee had decided to feature U.S. presidents because they were more familiar to the public than other potential candidates. The Treasury altered this decision, however, to include three statesmen who were also well known to the public: [[Alexander Hamilton]] (the first [[Secretary of the Treasury]] who appears on the $10 bill), [[Benjamin Franklin]] (an early advocate of paper currency who appears on the $100 bill), and [[Salmon P. Chase]] (the Secretary of the Treasury who reintroduced national paper currency and appeared on the obsolete $10,000 bill)<ref>{{cite web|url=http://moneyfactory.gov/faqlibrary.html|title=U.S. Bureau of Engraving and Printing – FAQ Library|publisher=Moneyfactory.gov|access-date=May 5, 2013|archive-url=https://web.archive.org/web/20101125033904/http://moneyfactory.gov/faqlibrary.html|archive-date=November 25, 2010|url-status=dead}}</ref> In 2016, the Treasury announced a number of design changes to the $5, $10 and $20 bills; to be introduced over the next ten years. The redesigns include:<ref>{{cite news|url=https://www.nytimes.com/2016/04/21/us/women-currency-treasury-harriet-tubman.html|title=Harriet Tubman Ousts Andrew Jackson in Change for a $20|first=Jackie|last=Calmes|newspaper=The New York Times|date=April 20, 2016}}</ref><ref>{{cite web|url=https://www.usatoday.com/story/news/politics/2016/04/20/report-lew-considered-anthony-10-bill/83274530/|title=Anti-slavery activist Harriet Tubman to replace Jackson on $20 bill|publisher=usatoday.com|access-date=April 21, 2016}}</ref>

* The back of the $5 bill will be changed to showcase historical events at the pictured [[Lincoln Memorial]] by adding portraits of [[Marian Anderson]] (due to her famous performance there after being barred from [[Constitution Hall]] because of her race), [[Martin Luther King Jr.]] (due to his famous [[I Have A Dream]] speech), and [[Eleanor Roosevelt]] (who arranged Anderson's performance).
* The back of the $10 bill will be changed to show a 1913 march for women's [[suffrage]] in the United States, plus portraits of [[Sojourner Truth]], [[Lucretia Mott]], [[Susan B. Anthony]], [[Alice Paul]], and [[Elizabeth Cady Stanton]].
* On the $20 bill, [[Andrew Jackson]] will move to the back (reduced in size, alongside the White House) and [[Harriet Tubman]] will appear on the front.

After an unsuccessful attempt in the proposed [[Legal Tender Modernization Act]] of 2001,<ref>{{USBill|107|HR|2528}}</ref> the [[Omnibus Appropriations Act]] of 2009 required that none of the funds set aside for either the Treasury or the Bureau of Engraving and Printing may be used to redesign the $1 bill.<ref>{{ USBill|111|HR|1105}}</ref>  This is because any change would affect vending machines and the risk of counterfeiting is low for this small denomination.<ref>{{cite web|last=Mimms|first=Sarah|title=Why the $1 bill hasn't changed since 1929 |url=http://qz.com/171563/why-the-1-bill-hasnt-changed-since-1929/ |work=[[Quartz (publication)]]|date=January 28, 2014 |publisher=[[Atlantic Media]]|access-date=January 28, 2014}}</ref>  This superseded the [[Federal Reserve Act]] (Section 16, Paragraph 8) which gives the Treasury permission to redesign any banknote to prevent counterfeiting.<ref>{{cite web |url=http://www.federalreserve.gov/aboutthefed/section16.htm |title=FRB: Federal Reserve Act: Section 16 |publisher=Federalreserve.gov |access-date=May 5, 2013}}</ref>