Reuters
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LIVE: Scott Bessent strikes last American penny at Philadelphia Mint
Posted
November 12, 2025
Views
2,692
Likes
47
Engagement
1.75%
November 12, 2025
2,692
47
1.75%
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1:04:58Now PlayingU.S. Treasury Secretary Scott Bessent and Treasurer Brandon Beach oversee the final circulating penny at the Philadelphia Mint. The move, ordered by President Donald Trump, ends new penny minting due to costs of 3.69 cents per coin, with expected savings of about $56 million a year. Pennies remain legal tender.
#philadelphia #usmint #penny #economy #breakingnews
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