EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT CITED THE RISING COST OF PRODUCING THE ONE-CENT COIN. THE U-S MINT SAYS IT LOST MORE THAN 85-MILLION DOLLARS LAST YEAR ON NEARLY 3 BILLION PENNIES. EACH PENNY COST A LITTLE LESS THAN FOUR CENTS TO PRODUCE. IT’S UNCLEAR WHETHER THE PRESIDENT HAS THE POWER TO STOP MAKING NEW PENNIES. CURRENCY SPECIFICATIONS
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Hundreds attend mock funeral for the penny at the Lincoln Memorial
Washington, D.C. has played host to some of America’s most historic events. Inaugurations, marches, state visits, and funerals are familiar moments in the nation’s capital. There was another “funeral” of sorts, albeit with a bit of a different tone. Outside the steps of the Lincoln Memorial Saturday, hundreds gathered to say goodbye to the penny. Yes, the penny. One month after the U.S. Mint printed the final one cent piece, hundreds attended a mock funeral for the currency.Photos from the event show men dressed as Abraham Lincoln carrying a casket, which people tossed pennies into. The Washington Post reports the mock funeral was hosted by Ramp, a platform that helps companies “automate inefficient spending,” Amber Joy Layne, a creative producer for Ramp, told the paper.Jarell Mique, a co-producer and field producer for the event, told the Post he was hired to “create a silly moment.” Mique gathered actors and comedians to DC to complete the event.In February, President Donald Trump ordered the U.S. Treasury to stop minting new pennies as costs climbed to nearly 4 cents per penny. Billions of pennies will remain in circulation and they will stay as legal tender in the U.S.
Washington, D.C. has played host to some of America’s most historic events. Inaugurations, marches, state visits, and funerals are familiar moments in the nation’s capital.
There was another “funeral” of sorts, albeit with a bit of a different tone.
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Outside the steps of the Lincoln Memorial Saturday, hundreds gathered to say goodbye to the penny. Yes, the penny.
One month after the U.S. Mint printed the final one cent piece, hundreds attended a mock funeral for the currency.
Photos from the event show men dressed as Abraham Lincoln carrying a casket, which people tossed pennies into.
The Washington Post reports the mock funeral was hosted by Ramp, a platform that helps companies “automate inefficient spending,” Amber Joy Layne, a creative producer for Ramp, told the paper.
Jarell Mique, a co-producer and field producer for the event, told the Post he was hired to “create a silly moment.” Mique gathered actors and comedians to DC to complete the event.
In February, President Donald Trump ordered the U.S. Treasury to stop minting new pennies as costs climbed to nearly 4 cents per penny. Billions of pennies will remain in circulation and they will stay as legal tender in the U.S.
