It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...
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Trump Ends Penny Production: What It Means for You
Key Points ・The U.S. Mint will no longer produce pennies due to rising costs, as each penny costs more than two cents to ...
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How much does it cost to make a penny, and are we ‘losing’ money on other coins?
President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them ...
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.
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Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...