The White House appears to be in no rush. A spokesman said that while Mr. Biden is actively considering treasurer candidates, the administration’s priority has been on filling Senate-confirmed positions that are important for protecting national security and combating the pandemic.
The Treasury Department declined to comment and referred an inquiry to the White House.
The history of who gets to sign the money dates to 1861, when President Abraham Lincoln signed a bill allowing the Treasury secretary to delegate the treasurer of the United States to sign Treasury notes and bonds. According to the Bureau of Engraving and Printing, 1914 was the first year that the Treasury secretary and the treasurer started signing the currency together.
In recent years, the signature of the secretary has captured the nation’s attention, as changes to America’s currency are relatively rare.
Former Treasury Secretary Timothy F. Geithner acknowledged in 2012 that handwriting was not his strong suit and that he polished his penmanship when President Barack Obama offered him the job.
“I didn’t try for elegance,” Mr. Geithner said. “I tried for clarity.”
Clarity was an Achilles’ heel for Jacob J. Lew, Mr. Geithner’s successor whose loopy autograph was laughed at for being illegible. Mr. Obama joked in 2013 that Mr. Lew, who had been his chief of staff, nearly did not get the job out of concern that his scrawl would debase America’s currency.
Early versions of Mr. Mnuchin’s signature on personal documents were not easy to read. But ultimately, former President Donald J. Trump’s Treasury secretary broke with tradition and wrote his name in print rather than cursive.
The signatures are closely watched by collectors and students of financial history.
Mr. Noll said that during events or lectures at the Treasury Department with former secretaries, attendees would often bring money to be “countersigned” next to their name on the note.