Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that the Treasury Department will cease all penny production by early 2026.
“I think we can retool the nickel and change the composition of the alloys so that a nickel is worth a nickel,” Bessent said during an appearance on Fox News’s America’s Newsroom.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
