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Ranch House Plan Ideas The penny was one of the first coins made by the US Mint entering circulation in 1793 But over the past 10 years the cost of producing it has risen from 1 3 cents to 3 69

President Donald Trump has ordered the U S to stop minting pennies His surprise announcement comes after decades of unsuccessful efforts to phase out the 1 cent coin The US Treasury Secretary Scott Bessent has been told to stop minting one cent coins or pennies as they are widely called by US President Donald Trump in an

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The Treasury Department said Thursday it plans to phase out production of the penny making good on President Donald Trump s directive that the U S government stop On Sunday night Mr Trump said he had ordered the Treasury secretary Scott Bessent to stop producing new pennies a move that he said would help reduce unnecessary

President Trump says he has directed the Treasury Department to stop minting new pennies citing the rising cost of producing the one cent coin For far too long the United President Donald Trump told the mint to stop making pennies back in February calling the 1 cent coin that costs 3 69 cents to make wasteful The mint made around 3 2

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The US Treasury is phasing out production of the penny and will soon stop putting new one cent coins into circulation the department said in a statement Thursday The president could promptly end the production of new pennies but phasing out the coin would take time and mean changes at retail stores economists said President

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US Treasury Confirms The End Of The Penny BBC

https://www.bbc.com › news › articles
The penny was one of the first coins made by the US Mint entering circulation in 1793 But over the past 10 years the cost of producing it has risen from 1 3 cents to 3 69

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So Long Penny Trump Orders US To Ditch 1 cent Coin After

https://apnews.com › article
President Donald Trump has ordered the U S to stop minting pennies His surprise announcement comes after decades of unsuccessful efforts to phase out the 1 cent coin


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Ranch House Plan Ideas - President Trump says he has directed the Treasury Department to stop minting new pennies citing the rising cost of producing the one cent coin For far too long the United