New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...
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 ...
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President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...
The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
While most of us are rather familiar with cryptocurrencies like bitcoin, which is part of a larger group of what is known as ...
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Lohud.com, Westchester County on MSNTrump wants the U.S. to stop producing pennies. Would it make sense to do so?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.
President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting ...
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