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U.S. push for former President Ronald Reagan to be immortalised on $50 bill

A bid to change the face of America’s currency has come under fire from US historians and politicians.

Republican Congressman Patrick McHenry has introduced a new law to replace Ulysses S. Grant with Ronald Reagan on the $50 bill.

The change is designed to coincide with next year’s 100th anniversary of Reagan’s birth.

But Democrats on the House Financial Services Committee, which will vote on the measure, complain they aren’t ready to replace the Civil War general and 18th president with a former Hollywood star whose political legacy is still open to question.

Democrat lawmaker Brad Sherman said he will not vote for a note change for someone ‘whose policies are still controversial'.

Posted on Sunday, March 7, 2010 at 2:41 PM | Comments (2) | Return

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