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The US Treasury Department says a redesigned $10 note will feature a woman, but who she will be has not been decided.
The new note will debut in 2020 to mark the 100th anniversary of the US Constitution's 19th amendment, which gave women the right to vote.
The treasury will seek the public's input in the selection, looking for a "champion for our inclusive democracy".
Former US political leaders - all white men - currently headline US notes.
The woman who the Treasury Department ultimately selects will replace Alexander Hamilton, a key figure in the American Revolution and the first secretary of the US Treasury.
In March, an independent group held a contest to select a woman to headline the $20 note, replacing former President Andrew Jackson.
Abolitionist Harriet Tubman was the public's top choice, beating out finalists, former first lady Eleanor Roosevelt, civil rights activist Rosa Parks and leader of the Cherokee nation Wilma Mankiller.
Tubman was known as the "conductor" of the Underground Railroad that allowed many slaves to escape to freedom in the 1850s.
Mr Lew will make a decision about the selected woman by the end of year.
What woman would you choose?