Extra: Should America Go 'Penniless'?

One of President Donald Trump's many actions in his first three weeks included directing the US Treasury Department to stop minting new pennies. There’s been a movement to get rid of the pennies of years, partly because, according to some estimates, the one-cent coin costs nearly four cents to produce, and the US Mint reported they lost $85.3 million last year making them. Former Director of the United States Mint, Philip Diehl, joined Dave Anthony to discuss why he’s long been advocating for getting rid of the penny, Diehl explained how the change could impact the American economy. He also discussed why there’s a case to get rid of the nickel and why coin and paper currencies will serve a purpose despite the popularity of crypto. We often must cut interviews short during the week, but we thought you might like to hear the full interview. Today on Fox News Rundown Extra, we will share our entire interview with Former Director of the United States Mint, Philip Diehl, allowing to learn more about the penny, and the potential future of American currency. Learn more about your ad choices. Visit podcastchoices.com/adchoices