US Treasury confirms the end of the penny
Source: BBC
One cent coins will stop being produced in the US next year, the Treasury Department has confirmed.It marks the phasing out of the coins, commonly known as pennies, which have been in circulation for more than two centuries.President Donald Trump told Treasury Secretary Scott Bessent in February to stop minting the coins, calling them "wasteful".There has been a long debate over the cost and usefulness of pennies…
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