Congress, the Supreme Court, the central bank, the President’s House — all national institutions that graced Philadelphia when it was the nation’s capital in the 1790s — left long ago for Washington, ...
Representative Mark Amodei has helped to introduce a bill that would change how coins are minted in an effort to make it more ...
Launched in 2021 and continuing through 2025, the First Amendment to the United States Constitution Platinum Proof Coin Series reflects the five freedoms enumerated in the First Amendment to the ...
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of ...
U.S. code gives the Treasury Secretary the authority to mint and issue coins “in amounts the secretary decides are necessary to meet the needs of the United States.” If Treasury Secretary ...
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
While many Americans may instinctively baulk at the idea of doing away with the country’s smallest unit of currency ... the U.S. Mint did indeed report in 2024 that each one cent coin ...
Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...
The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States. There was a relatively recent attempt to fix the issue. A bill introduced by U.S. Sen.
President Trump said Sunday he told the U.S. Treasury Department to stop minting pennies. That puts a stop to penny production by the U.S. Mint that ... the composition of coins to cheaper materials.
Only tradition explains our stubborn attachment to the penny. But sometimes traditions get ridiculous,” the Farmers’ Almanac ...