Treasury Secretary Scott Bessent will visit the Philadelphia Mint Wednesday to commemorate the last production of the penny in the United States.

Treasurer Brandon Beach nine months after President Donald Trump called to halt production on the one-cent coin. Trump explained that the decision was part of an effort to “rip the waste out of our great nation’s budget, even if it’s a penny at a time.”

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The Philadelphia Mint is a notable location to host Bessent and Beach, as it is the nation’s first Mint. It produced the first U.S. copper pennies. In 1793, the Philadelphia Min

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