President Donald Trump has directed the U.S. Treasury to cease the production of pennies, aiming to curb unnecessary ...

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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.

Why does Trump want to stop minting the penny? The coin now costs more than two cents to produce, Trump stated in a post on ...

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

President Donald Trump has announced plans to halt the production of new pennies, citing the coin’s financial inefficiency as a key reason for the move. In a ...

Following his appearance at the Super Bowl, the president wrote on his social media platform that he wished to "rip the waste ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion 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.” ...

Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to ...

The newspaper explained that the fact that most pennies handed out as change in over-the-counter transactions end up in glass ...

Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to ...