Beltway Confidential

With the penny gone, DOGE should also consider eliminating nickels

By Christian Papillon
Published April 14, 2025 3:34pm ET
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President Donald Trump announced on Feb. 9 that he had instructed Treasury Secretary Scott Bessent to stop producing pennies.

According to JM Bullion, the U.S. Mint lost $179 million in producing pennies in 2023. Producing nickels, however, leads to even more losses.

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Tag:

Department of Government Efficiency Donald Trump Scott Bessent Treasury Department