New Trump initiative
USA: One-cent coin disappears to save money
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10.02.2025 07:57
Von krone.at
US President Donald Trump wants to discontinue production of the one-cent coin known as the penny in the USA. US Treasury Secretary Scott Bessent is said to have already received instructions.
"For far too long, the United States has minted pennies that literally cost us more than two cents. That is so wasteful," said the head of state.
The penny was first issued by the US government in 1793. Since 1909, the profile of President Abraham Lincoln (1961-65) has adorned the front of the coin, which is made of zinc and copper.
There has been a debate in the USA for years as to whether the penny should be removed from the range of American currency.
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10.02.2025 07:57

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