Trump's order to discontinue the penny doesn't add up: Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
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.
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.
Common 'cents': Long Island biz interests like Trump's plan to end penny production
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.
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.
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.
Is the Penny Going Away? Trump Orders Halt on Production
Decrying ‘wasteful spending’ in a social post, Trump said he instructed the Treasury Department to stop producing new pennies.
Penny Pinching? Here's How Much It Costs to Mint a Cent
That's how much it cost the U.S. Mint to make a one-cent coin last year, up from 2.1 cents in 2021. In fact, the agency lost $85.3 million last year on the pennies it produced. But scrapping them could have downsides,
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.
So Long, Penny! Trump Orders US to Ditch 1-Cent Coin After Decades of Complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite its high production cost — currently almost 4 cents per penny,
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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 ...
Billionaire Trump says time's up for lowly US penny
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Trump might be tempting bad luck on US with his latest decision
Donald Trump has risked the ire of the most superstitious people in the US by announcing the abolition of the penny. The ...