Launched in 2021 and continuing through 2025, the First Amendment to the United States Constitution Platinum Proof Coin Series reflects the five freedoms enumerated in the First Amendment to the ...
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
President Trump said Sunday he told the U.S. Treasury Department to stop minting pennies. That puts a stop to penny production by the U.S. Mint that ... the composition of coins to cheaper materials.
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States. There was a relatively recent attempt to fix the issue. A bill introduced by U.S. Sen.
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump wrote on Truth Social.
According to the U.S. Mint, Congress is the body that approves every coin it produces. The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States.
U.S. code gives the Treasury Secretary the authority to mint and issue coins “in amounts the secretary decides are necessary to meet the needs of the United States.” If Treasury Secretary ...