Act Seeks 1c Coin and $1 Note Elimination; 5c Composition Change

Legislation reintroduced in the U.S. Senate seeks to save taxpayers money by suspending production of the 1-cent coin, changing the 5-cent coin’s composition, and replacing $1 notes with $1 coins. Numbered S.759, the Currency Optimization, Innovation and National Savings (COINS) Act of 2017 was introduced by Sen. John McCain and Sen. Enzi on March 29, […]

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