Trump promised no new pennies — here’s how that would work
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at retail stores, economists said.
Trump Says No More Making Pennies. What That Means for You
But when President Donald Trump issued an order to stop minting the penny entirely, I couldn't help but wonder what role that humble copper-colored coin still plays in the US economy and what might actually change.
Opinion
Can Trump really kill off the penny -- and should he?
Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause more problems than it solves.
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.
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.
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.
Does Trump’s penny plan make cents? How ditching the hated coin would affect consumers
President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.
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.
Trump wants to end penny production; will it affect consumers?
President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will be negligible.
End of the penny? Trump tells Treasury to stop minting the coin
President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of producing a single penny continues to rise, and it now costs almost 3.7 cents to produce a penny, up from 3.
Trump's plan to scrap the penny spikes interest for coin collectors
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 ...
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.
Will prices be affected by Trump removing penny from circulation? Economists weigh in
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
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.
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A Penny Spurned: Does the Lesser Coin Still Make Sense?
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
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10 of the Most Valuable Pennies
These 11 Rare Coins Sold for Over $1 Million For You: 3 Things You Must Do When Your Savings Reach $50,000 Some of the ...
Nation’s sole supplier of penny blanks prepares for possible phase out
President Donald Trump directed the United States Treasury to stop minting new pennies, citing the cost to make pennies surpasses the value.
Trump is ‘right’ to order the US to ditch the ‘stupid’ penny, Kevin O’Leary says
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.