Trump 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.
Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
Trump promised no new pennies — here’s how that would work
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at retail stores, economists said.
Trump says the penny costs too much, orders Treasury to stop making them
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the needs of the United States,” and the 47th President’s order seems to believe the penny does not meet that standard any longer.
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 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.
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA Today reported. But the move could lead to price increases for U.S. consumers.
Trump is ‘right’ to order the US to ditch the ‘stupid’ penny, Kevin O’Leary says
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.
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 ...
American Military News1d
Trump makes major move to ‘rip the waste out’ of US budget
Trump has ordered the U.S. Treasury to "stop producing new pennies" as the cost of making new pennies is greater than the ...
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.
Coin World1d
First 2025 quarter dollars available in bags and roll sets
The U.S. Mint is now selling Uncirculated examples of the first American Women quarter dollar of 2025, featuring Ida B. Wells ...
Few Mourn the US Penny as Trump Moves to Kill It
One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth ...