The Ministry of Treasury to end production Beni, and to save 56 million dollars annually

the US government Benny’s production, which was trading for centuries, fades in a step to reduce costs that are expected to save $ 56 million every year.

The Ministry of Treasury presented its final ranking of empty penalties this month and will stop placing the centenary coins in early 2026. With the vanishing of the pennies of use, companies will need to get closer or climb to the nearest 5 cents, Wall Street Magazine I mentioned.

“Logical”: The Republican Party, Democrats are united behind Trump’s plan to dismiss a penny

By stopping Beni production, the United States offers mint-the currency-producing cabinet office-an annual provision of $ 56 million in low material costs. In the past ten years, the cost of making coins has increased from more than 1 cents to nearly 4 cents LipA Treasury spokesman told Fox Business.

This step is part of a constant effort from the two parties to stop currency production. In February, the President Donald Trump Plans to stop the production of pennies, which cost more than their mint value.

Trump Policy: It makes sense to stop making cents

Trump wrote on the social truth: “For a very long time, the United States has vibrant pessimism that literally cost us more than two years,” Trump wrote on the social truth. “This is a very waste! I ordered the US Treasury Secretary to stop producing new penalties.”

This year, two The bills of the two parties To get rid of a penny presented.

How Trump might get rid of a penny – and what can come after that to change your pocket

In May, Sens suggested. Mike Lee, R-UTAH and Jeff Merkley, D-Or. It is a meaningless law, which argues that the production of pennies leads to taxpayer waste. In April, actors Lisa McLean, RC Mish, Robert Garcia presented California, along with Cenathia Loms, R Wiw, Kirston Gilbrand, DN.Y. , Joint Sentat Law.

while He decides Congress Currency specifications such as size and metal content of metal currencies, the cabinet has the ability to stop the production of new coins.

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There are about 114 billion pence in the United States, but they are not exploited. Beni was one of the first coins that the American mint established after its founding in 1792.