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 ...
The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.
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 ...
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...
Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...
The Department of Government Efficiency (DOGE), took aim at the penny in a tweet the day after Trump's inauguration, saying ...
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Trump directs Treasury to stop making penniesPresident Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent ...
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