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Deputy Secretary of the Treasury Samuel W. Bodman with the new $50 note design. The new $50 note will be issued in late September or early October.

(L-R) Deputy Secretary of the Treasury Samuel W. Bodman, Cash Product Leader of the Board of Governors of the Federal Reserve System Eugenie E. Foster, and Deputy Assistant Director of the United States Secret Service Bruce Townsend answers questions at the Foreign Press Center Briefing during the unveiling of the new $50 note in Washington, D.C.

Deputy Secretary Samuel W. Bodman of The Department of Treasury unveils the new $50 note design at an international media briefing in Washington, D.C. As much as two-thirds of U.S. currency circulates outside of the U.S. The new design is part of the government's ongoing efforts to stay ahead of counterfeiting and protect the integrity of U.S. currency.