The Treasury official confirmed on Thursday that The Mint has achieved his final order from Penny Blanks and intends to stop producing the currency when it runs out of exile.
It is expected that there will be an immediate annual savings of $ 56 million in the costs of low materials by stopping the production of a shark, according to the official, who was not allowed to discuss the matter publicly and spoke on the condition that his identity is not disclosed to inspect the news.
In February, President Donald Trump Declare He ordered his administration to stop producing the coin.
The advocates of disposal of Benny were martyred at the high cost of production – approximately 4 cents for each penny now, according to US mint – The limited benefit. Penny fans cite his benefit in charitable business engines and relative bargaining in production costs ComparisonWhich costs approximately 14 cents for mint.
Wall Street Magazine I mentioned the news for the first time.
This story was originally shown on Fortune.com
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