US prints first banknotes with women’s signatures

US prints first banknotes with women’s signatures: U.S. Treasury Secretary Janet Yellen on Thursday hailed fellow pioneers during the unveiling of the first U.S. banknotes printed with two women’s signatures, while calling for “much more” work to advance equity for women and minorities.

Yellen, the first woman to head the Treasury and chair the U.S. Federal Reserve, said the new banknotes being produced at the Treasury’s Bureau of Engraving and Printing (BEP) site in Fort Worth, Texas, were a reminder of the contributions of women who have worked at Treasury and in economics.

December 2022 Current Affairs Quiz

The new currency notes of $1 and $5 value carry the signature of the Secretary of Treasury (American Finance Minister) Janet Yellen and Lynn Malerba. The United States currency notes are popularly called as Greenback.

In the United States the currency notes are printed by the Treasury Department’s Bureau of Engraving and Printing and the Federal Reserve decides how much currency notes will be printed. The Treasury Department’s Bureau of Engraving and Printing has note printing facilities at Fort Worth, Texas and another in Washington.