Only Congress has the power to do that, but what would happen if the United States got rid of the one-cent coin? The U.S. Mint said it lost $85.3 million last year minting 3.2 billion new pennies.

One-cent coins tend to cost more to produce than they are worth, and the process of production is hugely damaging to the environment. Despite these drawbacks, many countries – including the US and UK ...

for your thoughts." The idea of halting penny production is not new, as the one-cent piece has been the ire of politicians for years. However, the conversation is being turbocharged with Trump ...