The copper coin has been sitting in jars, jingling in pockets, and getting tossed into fountains for generations. Now, after more than two centuries of loyal service, the penny is stepping down from ...
It is unclear whether President Trump has the power to unilaterally eliminate the one-cent coin. Currency specifications — including the size and metal content of coins — are dictated by Congress.
Last year, the United States Mint pressed the last penny. Penny preservationists warned that the death of the one-cent coin might seed dire consequences: coin shortages at checkout counters; confusion ...