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Thursday, May 22, 2025

Retirement of the penny (one-cent coin)

The Wall Street Journal

has the scoop from a Treasury Dept. statement

that it will phase out production of new pennies

early next year

2026.

POTUS Trump 2.0 said

in Feb. 2025 that production

of the coin by the U.S. coin

was wasteful and the WSJ

reported that $56 million

might be saved annually

by stopping production of

new pennies.

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