His Face May Be Red After Greenback Chat
Treasury Secretary John W. Snow is the nation’s top money man, but he might need a refresher course on the greenbacks the United States makes these days.
Snow chose the $500 bill when asked during an Internet interactive exchange what form of currency he would like his image on.
“It has the least circulation,” Snow said. “That way I wouldn’t have to see myself too often.”
Oops.
The U.S. stopped printing $500 bills in 1945 and stopped issuing them -- along with $1,000, $5,000 and $10,000 notes -- in 1969, because of lack of use, said the Treasury Department’s Bureau of Engraving and Printing.
Treasury spokesman Rob Nichols said that Snow was joking when he spoke.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
