Former Federal Reserve chief-turned blogger Ben Bernanke is calling for the U.S. Treasury to abandon plans to drop Andrew Hamilton from his featured spot on the $10 bill and to dump Andrew Jackson from the $20 instead.
Bernanke says he is "appalled" by Treasury Secretary Jack Lew's plans to replace Hamilton with a woman. Although he welcomed a woman on U.S. currency, Bernanke called Hamilton, the first Treasury secretary, "without doubt the best and more foresighted economic policymaker in U.S. history."
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Jackson, president from 1829 to 1837, was "a man of many unattractive qualities and a poor president." Jackson opposed attempts to establish a U.S. central bank.
Bernanke stepped down as Fed chair in 2014 and is a distinguished fellow and blogger at the Brookings Institution.