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The Constitution doesn't say anything about denominations, metals, and so on. That's under Title 31 of the U.S. code, section 5111-5112, "Minting and issuing co
by atombender 2y ago
The Constitution doesn't say anything about denominations, metals, and so on. That's under Title 31 of the U.S. code, section 5111-5112, "Minting and issuing coins, medals, and numismatic items", which grants the Secretary of the Treasury control over how much to mint, and in the case of denominations, it says the Secretary "may" (not "must") mint them. The Secretary can simply decide to not mint any.
- viraptor 2y agoThe change itself is ok. The issue is who can make the change, and that would be congress not the president.
- atombender 2y agoTitle 31 says the Secretary of the Treasure can. The Secretary cannot permanently cancel the penny, but they can stop making them.
- viraptor 2y agoThat's mentioned in the article as a "might". Let's see in practice.