It says that her appointment to the office, which does not require Senate confirmation, means that the Bureau of Engraving and Printing can now proceed with production of a new series of Federal Reserve notes bearing the signatures of the Biden administration's Treasury secretary and U.S. treasurer rather than the signatures of Trump appointees. It will likely be some months before production of the new series begins.
President Joe Biden on June 21 announced the appointment of Mutáwi Mutáhash (Many Hearts) Marilynn "Lynn" Malerba, lifetime chief of the Mohegan tribe, to serve as treasurer of the United States. Malerba is the first Native American to serve as the nation's treasurer. Malerba's appointment as treasurer will also mean that for the first time in U.S. history, a Native woman's signature will be seen on the nation's currency.