Lew said he would announce which woman before the end of the year, after the administration seeks national input this summer.
 
“America’s currency is a way for our nation to make a statement about who we are and what we stand for,” Lew said. “Our paper bills — and the images of great American leaders and symbols they depict — have long been a way for us to honor our past and express our values.”
 
Martha Washington and Pocahontas were each featured on paper currency more than 100 years ago, Treasury officials said.
 
The announcement comes after much speculation in recent weeks that a woman would be on a new paper note.