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.
As Trump aims to ax the penny, these are the coins that cost more than they're worth
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
Hosted on MSN3d
How much does it cost to make pennies and nickels?
In fiscal year 2023, the losses were even higher, nearly $180 million between pennies and nickels. Pennies were made of ...
Here’s a look at the history of the penny and why it could be going away
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
How Trump might get rid of the penny — and what could come next for your pocket change
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
WTVD4d
Getting rid of the penny could mean the need for more nickels, which costs even more money make
WASHINGTON -- 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. "For far too long the United States has ...
CNN3d
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. “For far too long the United States has minted pennies ...
KTEN4d
Getting rid of the penny introduces a new problem: nickels
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” he said in a post on his Truth Social platform. “Let’s rip the waste ...