diff --git a/etc/images/README b/etc/images/README
index a778d9ce6c3..77377d36b5a 100644
--- a/etc/images/README
+++ b/etc/images/README
@@ -125,7 +125,7 @@ For more information see the adwaita-icon-theme repository at:

     https://gitlab.gnome.org/GNOME/adwaita-icon-theme

-Emacs images and their source in the Adwaita/scalable directory:
+Emacs images and their source in the Adwaita/symbolic directory:

   checked.svg               ui/checkbox-checked-symbolic.svg
   unchecked.svg             ui/checkbox-symbolic.svg
@@ -137,3 +137,5 @@ Emacs images and their source in the Adwaita/scalable directory:
   left.svg                  ui/pan-start-symbolic.svg
   right.svg                 ui/pan-end-symbolic.svg
   up.svg                    ui/pan-up-symbolic.svg
+  conceal.svg               actions/view-conceal-symbolic.svg
+  reveal.svg                actions/view-reveal-symbolic.svg
diff --git a/etc/images/conceal.svg b/etc/images/conceal.svg
new file mode 100644
index 00000000000..172b73ed3d3
--- /dev/null
+++ b/etc/images/conceal.svg
@@ -0,0 +1,4 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<svg height="16px" viewBox="0 0 16 16" width="16px" xmlns="http://www.w3.org/2000/svg">
+    <path d="m 1.53125 0.46875 l -1.0625 1.0625 l 14 14 l 1.0625 -1.0625 l -2.382812 -2.382812 c 1.265624 -1.0625 2.171874 -2.496094 2.589843 -4.097657 c -0.914062 -3.523437 -4.097656 -5.984375 -7.738281 -5.988281 c -1.367188 0.011719 -2.707031 0.371094 -3.894531 1.042969 z m 6.46875 3.53125 c 2.210938 0 4 1.789062 4 4 c -0.003906 0.800781 -0.246094 1.578125 -0.699219 2.238281 l -1.46875 -1.46875 c 0.105469 -0.242187 0.164063 -0.503906 0.167969 -0.769531 c 0 -1.105469 -0.894531 -2 -2 -2 c -0.265625 0.003906 -0.527344 0.0625 -0.769531 0.167969 l -1.46875 -1.46875 c 0.660156 -0.453125 1.4375 -0.695313 2.238281 -0.699219 z m -6.144531 0.917969 c -0.753907 0.898437 -1.296875 1.957031 -1.59375 3.09375 c 0.914062 3.523437 4.097656 5.984375 7.738281 5.988281 c 0.855469 -0.007812 1.703125 -0.152344 2.511719 -0.425781 l -1.667969 -1.667969 c -0.277344 0.058594 -0.5625 0.089844 -0.84375 0.09375 c -2.210938 0 -4 -1.789062 -4 -4 c 0.003906 -0.28125 0.035156 -0.566406 0.09375 -0.84375 z m 0 0" fill="#2e3436"/>
+</svg>
diff --git a/etc/images/reveal.svg b/etc/images/reveal.svg
new file mode 100644
index 00000000000..41ae3733a53
--- /dev/null
+++ b/etc/images/reveal.svg
@@ -0,0 +1,4 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<svg height="16px" viewBox="0 0 16 16" width="16px" xmlns="http://www.w3.org/2000/svg">
+    <path d="m 8 2 c -3.648438 0.003906 -6.832031 2.476562 -7.738281 6.007812 c 0.914062 3.527344 4.097656 5.988282 7.738281 5.992188 c 3.648438 -0.003906 6.832031 -2.476562 7.738281 -6.011719 c -0.914062 -3.523437 -4.097656 -5.984375 -7.738281 -5.988281 z m 0 2 c 2.210938 0 4 1.789062 4 4 s -1.789062 4 -4 4 s -4 -1.789062 -4 -4 s 1.789062 -4 4 -4 z m 0 2 c -1.105469 0 -2 0.894531 -2 2 s 0.894531 2 2 2 s 2 -0.894531 2 -2 s -0.894531 -2 -2 -2 z m 0 0" fill="#2e3436"/>
+</svg>
diff --git a/lisp/simple.el b/lisp/simple.el
index 9a33049f4ca..667b6c84a66 100644
--- a/lisp/simple.el
+++ b/lisp/simple.el
@@ -10858,6 +10858,80 @@ visible-mode
     (setq-local vis-mode-saved-buffer-invisibility-spec
                 buffer-invisibility-spec)
     (setq buffer-invisibility-spec nil)))
+
+
+;; It would be preferable to use "👁" ("\N{EYE}").  However, there is
+;; no corresponding Unicode char with a slash.  Therefore, we use images.
+(defvar read-passwd-show-password-image "reveal.svg"
+  "Mode-line image to show a hidden password")
+
+(defvar read-passwd-hide-password-image "conceal.svg"
+  "Mode-line image to hide a visible password")
+
+(defvar read-passwd-mode-line-buffer nil
+  "Buffer to modify `mode-line-format' for showing/hiding passwords.")
+
+(defvar read-passwd-mode-line-string nil
+  "Propertized mode line indicator for showing/hiding passwords.")
+
+(defvar read-passwd-mode-line-display nil
+  "Display properties for `read-passwd-mode-line-string'.")
+
+(defun read-passwd--toggle-visibility ()
+  "Toggle minibuffer contents visibility.
+Adapt also mode line."
+  (interactive)
+  (with-current-buffer read-passwd-mode-line-buffer
+    (setq read-passwd--hide-password (not read-passwd--hide-password))
+    (when (display-graphic-p)
+      (setq read-passwd-mode-line-display
+	    (find-image
+             `((:type svg
+                :file ,(if read-passwd--hide-password
+                           read-passwd-hide-password-image
+                         read-passwd-show-password-image))
+               :ascent center))
+            read-passwd-mode-line-string
+            `(:propertize " "
+              display ,read-passwd-mode-line-display
+              help-echo "mouse-1: Toggle password visibility"
+              mouse-face mode-line-highlight
+              local-map
+              (keymap
+               (mode-line keymap (mouse-1 . read-passwd--toggle-visibility)))))
+      (force-mode-line-update)))
+  (read-passwd--hide-password))
+
+(define-minor-mode read-passwd-mode
+  "Toggle visibility of password in minibuffer."
+  :group 'mode-line
+  :group 'minibuffer
+  :keymap read-passwd-map
+  :version "30.1"
+  (setq read-passwd--hide-password nil
+        ;; Stolen from `eldoc-minibuffer-message'.
+        read-passwd-mode-line-buffer
+        (window-buffer
+         (or (window-in-direction 'above (minibuffer-window))
+	     (minibuffer-selected-window)
+	     (get-largest-window))))
+
+  (when (display-graphic-p)
+    (if read-passwd-mode
+        (with-current-buffer read-passwd-mode-line-buffer
+          ;; Add `read-passwd-mode-line-string'.
+          (when (listp mode-line-format)
+            (setq mode-line-format
+                  (cons '(:eval read-passwd-mode-line-string)
+	                mode-line-format))))
+      (with-current-buffer read-passwd-mode-line-buffer
+        ;; Remove `read-passwd-mode-line-string'.
+        (when (listp mode-line-format)
+          (setq mode-line-format (cdr mode-line-format))))))
+
+  (when read-passwd-mode
+    (read-passwd--toggle-visibility)))
+
 
 (defvar messages-buffer-mode-map
   (let ((map (make-sparse-keymap)))
diff --git a/lisp/subr.el b/lisp/subr.el
index c317d558e24..2f475891df9 100644
--- a/lisp/subr.el
+++ b/lisp/subr.el
@@ -3375,14 +3375,23 @@ read-passwd-map
   (let ((map (make-sparse-keymap)))
     (set-keymap-parent map minibuffer-local-map)
     (define-key map "\C-u" #'delete-minibuffer-contents) ;bug#12570
+    (define-key map "\t" #'read-passwd--toggle-visibility)
     map)
   "Keymap used while reading passwords.")

-(defun read-password--hide-password ()
+(defvar read-passwd--hide-password t)
+
+(defun read-passwd--hide-password ()
+  "Make minibuffer contents hidden or visible."
   (let ((beg (minibuffer-prompt-end)))
     (dotimes (i (1+ (- (buffer-size) beg)))
-      (put-text-property (+ i beg) (+ 1 i beg)
-                         'display (string (or read-hide-char ?*))))))
+      (if read-passwd--hide-password
+          (put-text-property
+           (+ i beg) (+ 1 i beg) 'display (string (or read-hide-char ?*)))
+        (remove-list-of-text-properties (+ i beg) (+ 1 i beg) '(display)))
+      (put-text-property
+       (+ i beg) (+ 1 i beg)
+       'help-echo "C-u: Clear password\nTAB: Toggle password visibility"))))

 (defun read-passwd (prompt &optional confirm default)
   "Read a password, prompting with PROMPT, and return it.
@@ -3420,18 +3429,20 @@ read-passwd
             (setq-local inhibit-modification-hooks nil) ;bug#15501.
 	    (setq-local show-paren-mode nil)		;bug#16091.
             (setq-local inhibit--record-char t)
-            (add-hook 'post-command-hook #'read-password--hide-password nil t))
+            (read-passwd-mode 1)
+            (add-hook 'post-command-hook #'read-passwd--hide-password nil t))
         (unwind-protect
             (let ((enable-recursive-minibuffers t)
 		  (read-hide-char (or read-hide-char ?*)))
               (read-string prompt nil t default)) ; t = "no history"
+          (read-passwd-mode -1)
           (when (buffer-live-p minibuf)
             (with-current-buffer minibuf
               ;; Not sure why but it seems that there might be cases where the
               ;; minibuffer is not always properly reset later on, so undo
               ;; whatever we've done here (bug#11392).
               (remove-hook 'after-change-functions
-                           #'read-password--hide-password 'local)
+                           #'read-passwd--hide-password 'local)
               (kill-local-variable 'post-self-insert-hook)
               ;; And of course, don't keep the sensitive data around.
               (erase-buffer))))))))
