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.
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.
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.
Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.
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.
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.
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 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
O'Leary Ventures Chairman Kevin O'Leary gives his two cents on Trump's announcement that the U.S. will cease production on ...
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 ...
The Daily Mining Gazette12h
Mint ordered to stop making pennies
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
Democratic Governor Praises Trump's 'Great' Penny Decision
Colorado Governor Jared Polis cheered Trump's move for additional environmental benefits if the penny's production is haulted ...
Trump tells Treasury Department to stop making pennies
President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...
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 ...