Central Banking

Fed issues new $5 bill

The first of the Federal Reserve's redesigned $5 bills was used to buy a collection of former President Abraham Lincoln's speeches.

Michael Lambert, an assistant director at the Fed's Division of Reserve Bank Operations and Payment Systems, spent the first bill, which has several state-of-the-art security features.

"The redesigned $5 bill's enhanced security features help ensure we stay ahead of counterfeiters and protect your hard-earned money," Lambert said. "It only takes a few seconds to ma

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