Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
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.
President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
President Donald Trump directed the United States Treasury to stop minting new pennies, citing the cost to make pennies surpasses the value.
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.