August 2nd, 2022 Last Updated on: August 2nd, 2022
President Joe Biden announce his intention to appoint Marilynn Malerba as treasurer of the United States, which would make her the first Native American to hold the position.
Notably, the appointment would mark the first time a Native American woman's signature appears on the nation's currency.
Malerba, who has served as the lifetime chief of the Mohegan Tribe, would directly oversee the US Mint, Fort Knox, and the Bureau of Engraving and Printing. She would also act as a liaison for the Federal Reserve. Additionally, Marilynn Malerba would head up the newly formed Office of Tribal and Native Affairs within the US Treasury, which will be in charge of Tribal relations across the Treasury Department.
— Ari Krupkin (@arikrupkin) June 21, 2022
The role of treasurer has been vacant since Jovita Carranza left the position in January 2020. So one-dollar bills currently bear the signature of former Treasury Secretary Steven Mnuchin and it could take up to four or five months for the updated printing plates to reflect both Yellen and Marilynn Malerba's signatures, per The New York Times.
And, for the first time in history, the signatures of two women could appear on our currency. https://t.co/4PtT4xeg0z
— Ronald Klain (@WHCOS) June 21, 2022
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