NO MORE: Treasury finally phases out pennies скачать в хорошем качестве

NO MORE: Treasury finally phases out pennies

The U.S. Mint will officially stop making pennies once its final stock of penny blanks is used up, a Treasury official confirmed Thursday. While no specific end date was given, the decision effectively marks the beginning of the end for the 1-cent coin. This move follows a February directive from President Donald Trump, who ordered his administration to cease penny production. Trump cited the rising cost of minting the coin—now close to 4 cents per penny—and called it a wasteful use of taxpayer money. "For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Trump wrote on Truth Social. "I have instructed my Secretary of the US Treasury to stop producing new pennies." The move is expected to save $56 million annually in material and minting costs. Subscribe to LiveNOW from FOX! https://www.youtube.com/livenowfox?su... Where to watch LiveNOW from FOX: https://www.livenowfox.com/ Follow us @LiveNOWFOX on Twitter:   / livenowfox   Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX.