Trump Orders Treasury Secretary to Stop Minting Pennies
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”
Trump Says Minting U.S. Pennies Is ‘Wasteful.’ Does Making Cents Really Make No Sense?
“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social media site Truth Social. “This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.”
What Trump’s Plan to Stop Minting Pennies Means for Consumers
President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut down on what he called wasteful government spending. His remarks revived a long-running debate over whether to get rid of the smallest denomination of U.
A Penny for Your Thoughts: Denver Mint Target of Latest Donald Trump Order
Let’s rip the waste out of our great nation's budget, even if it’s a penny at a time,” President Donald Trump pronounced last night on Truth Social, even as he returned to Washington, D.C., from a pricey jaunt to the Super Bowl.
How much does it cost to mint a penny? Trump orders end of penny production
Why does Trump want to stop minting the penny? The coin now costs more than two cents to produce, Trump stated in a post on his Truth Social si
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA Today reported. But the move could lead to price increases for U.S. consumers.
How much do pennies cost to make? Here's what to know as Trump calls for pause on production
President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S. Mint says 3.69 cents.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.
Trump orders Treasury Department to stop producing new pennies
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs more than 3 cents to produce.
Billionaire Trump Says Time's up for Lowly US Penny
This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies," Trump wrote. "Let's rip the waste out of our great nation's budget, even if it's a penny at a time,
The Western Journal on MSN13h
Trump Axes the Penny in Latest Round of Federal Cuts: 'This Is So Wasteful!'
President Donald Trump, who vowed when taking office to bring common sense to the federal government, said it is time to stop ...
Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
The Hill15d
DOGE may target the penny: Why do we still have it anyway?
The latest report from the U.S. Mint shows that pennies accounted for more than half of the 5.9 billion circulating coin ...
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.