President Trump stresses that producing the penny is “wasteful,” given that it costs more to produce than the coin’s face value. The U.S. Mint lost over $85.3 million in the last fiscal year from coining pennies. The Penny’s End? Trump Orders the Elimination of the ‘Wasteful’ Coin President Donald Trump has made a decision that […]
Source: https://news.bitcoin.com/the-death-of-the-penny-trump-orders-u-s-treasury-to-stop-minting-one-cent-coins/
The Death of the Penny: Trump Orders U.S. Treasury to Stop Minting One-Cent Coins
