WASHINGTON -- Aiming to stay a step forward of counterfeiters, the supervision is formulation a new pattern for the $100 check that will be denounced subsequent month, the Treasury Department pronounced Friday.
Wraps will come off the facelift for Ben Franklin at an Apr twenty-one rite in the exuberant Cash Room at the department, the site of Ulysses Grants initial initial round in 1869.
Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke will do the honors.
The supervision says the decisions on redesigning banking are guided by assessments of counterfeiting threats, from digital record or out-of-date copy presses.
The C-notethe top worth of all U.S. billscirculates at large around the globe.
The phenomenon of the new pattern is the initial step in a tellurian debate by the Treasury Department, the Federal Reserve Board and the Secret Service to surprise users of the check of the changes prior to it starts circulating, the Treasury Department pronounced in a headlines release.
Training materials on the $100 check for those who hoop money and tutorial report will be accessible in twenty-five languages commencement Apr twenty-one at www.newmoney.gov.
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