Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
The Securities and Exchange Commission (SEC) has approved YLDS, making it the first-ever interest-bearing stablecoin ...
Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by Donald Trump.
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first cent was of a woman with flowing hair, who stood for liberty.
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.
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