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Congress sends Trump bill to end penny production

Original: Congress has sent Trump a bill to formally end penny production

Congress has passed and sent to President Trump legislation that would formally end production of the US penny, moving to retire the one-cent coin after years of debate over its cost and usefulness. Treasury loses money making each penny, and officials have argued the coin is no longer practical. Trump's signature would wind down minting of the coin.

Why now: Lawmakers have sent the president a bill ending a long-standing coin, a notable change to everyday US currency.

US CongressDonald TrumpUS Treasurypenny

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