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.
12 Most Valuable Pennies in Circulation as Trump Stops Production
Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.
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.
Is the US going 'penniless'? Why Trump wants to halt production of the coins
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to produce — leading to an $85.3 million loss in 2024 alone. The move follows a push by Elon Musk’s Department of Government Efficiency and mirrors similar decisions in Canada and Europe.
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.”
Trump Says Minting U.S. Pennies Is ‘Wasteful.’ Does Making Cents Really Make No Sense?
“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social media site Truth Social. “This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.”
Trump has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin
Trump announces plan to stop making new pennies, citing production costs
President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting measure.
Trump sends orders to Treasury to halt production of the penny
The days of the penny, the smallest measurement of U.S. currency, may soon be behind us, as President Trump shared Sunday he had instructed the Treasury to halt production of the coin.
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Goodbye pennies! Trump wants to eliminate these coins, here are the reasons
President Donald Trump has directed the U.S. Treasury to cease the production of pennies, aiming to curb unnecessary ...
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.
Trump and His Family Earned Millions From Trump Coin While 810,000 Others Lost Money: Report
Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in ...
Penny for your thoughts? Trump orders US Mint to stop making 1-cent coin. What to know
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
Look through your coins: Rare Bicentennial quarter can go for $19,200
Certain quarters minted in 1976 — the year of the bicentennial — are particularly sought by collectors. Here's how to tell if ...