Fortune (February 11)
2025/ 02/ 14 by jd in Global News
President Donald Trump’s “penny proposal” misses the “real villains:” nickels. Trump has “directed the Treasury to kill pennies, which have lost the U.S. Mint money for decades, as every penny costs 3.7 cents to produce. Nickels are even more wasteful, though, costing 13 cents each to produce, and eliminating pennies could push up demand for five-cent pieces.”
Tags: Demand, Eliminating, MINT, Money, Nickels, Pennies, Produce, Treasury, Trump, U.S., Villains, Wasteful
