Fed's Olson on the redesigned 2004 US $50 note
Olson said the newly designed $50 note is a product of close and ongoing cooperation with the Treasury and its Bureau of Engraving and Printing, as well as the Secret Service, in developing design concepts for currency. As for fighting counterfeiting, however, he said the job is never finished. "In this world of rapidly changing technology, the Treasury, Federal Reserve, and Secret Service must continue to be alert to emerging threats to U.S currency, and continue to design currency that will address tomorrow's risks."
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Speech by Federal Reserve Governor Mark W. Olson at the Bureau of Engraving and Printing's Western Currency Facility, Fort Worth, Texas, 26 April 2004.
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