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 ...
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
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 ...
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Congress, the Supreme Court, the central bank, the President’s House — all national institutions that graced Philadelphia when it was the nation’s capital in the 1790s — left long ago for Washington, ...
Is Eliminating The Penny Equitable? Its Cost Taxpayers $250,000,000 Over The Past Two Years.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Few Mourn the US Penny as Trump Moves to Kill It
One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth ...