Categories: Business

U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. payments By Reuters

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© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a information convention within the Money Room on the U.S. Treasury Division in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst/File Photograph

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen stated she “practiced and practiced” writing the signature that can quickly adorn U.S. {dollars} in an effort to keep away from the illegible scrawls of her predecessors Tim Geithner and Jack Lew.

“I knew this was one thing you would actually screw up and I needed to get it proper, and I practiced and I practiced,” Yellen advised CBS’s late-night comic Stephen Colbert on Wednesday.

Yellen stated individuals had made enjoyable of the signatures of each Lew, who drew what some stated appeared like eight circles that have been linked, and Geithner, they usually in the end needed to redo their signatures. However she stated she thought individuals would be capable to learn hers.

“You see what you suppose, however I feel you can learn the letters,” she advised Colbert, who promised to do an on-air critique as soon as the cash is in circulation subsequent 12 months.

Yellen, the primary girl to function Treasury Secretary, stated she would journey to Fort Price, Texas subsequent week to see the primary forex printed together with her signature and that of U.S. Treasurer Marilynn Malerba, the primary Native girl to carry that submit.

“I’m going to see the primary sheets of forex which have been printed with each of our names,” Yellen stated.

Fort Price is one in every of simply two websites the place the Bureau of Engraving and Printing produces U.S. forex, together with one other web site in Washington, D.C.

Malerba’s appointment by President Joe Biden in June paved the best way for Yellen’s signature to be added to the U.S. forex, as this was prohibited with no U.S. Treasurer in place. Greenback notes have been printed since Yellen took workplace in early 2021 with former Treasury Secretary Steven Mnuchin’s signature on them.

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