Trump directs Treasury to stop minting new pennies, citing cost
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 it produced.
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.
Expert warns of local impact after Trump orders treasury to stop minting pennies
President Donald Trump announced after the Super Bowl that But, Ed Ackerley, owner of Ackerley Advertising, said the impact would be felt by consumers and business owners that primarily use coins – but more than that – it could lead to an invisible tax.
Why Trump wants the Treasury to stop minting the penny
President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far too long the United States has minted pennies which literally cost us more than 2 cents,
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.”
President Donald Trump tells Treasury Department to stop making pennies
President Donald Trump told the Treasury Department to stop making pennies, citing production costs. Super Bowl 2025: Patrick Mahomes Speaks Out on Kansas City Chiefs’ Loss to Philadelphia Eagles Star Wars: The Bad Batch Are going On A New Adventure In A Different Medium 'Lost all credibility': Nonprofit CEO delivers demand to Trump HHS amid 'failed' human trafficking hotline Our Editors Have Worn Hundreds of Watches,
Trump says he ordered 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 3.7 cents to produce.
End Of Pennies May Cost Jobs in Trump-Supporting County
President Donald Trump 's decision that the U.S. Department of the Treasury will stop minting new pennies could cost jobs in the heavily Republican county they are currently partly produced in, according to a local business figure.
Trump orders end to ‘wasteful’ production of the penny
Pennies cost more to make than they are worth, and often accumulate unused. But would eliminating them cause prices to get rounded up?
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