So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
Penny for your thoughts? Trump orders US Mint to stop making 1-cent coin. What to know
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.
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them “wasteful.” “For far too long the United States has minted pennies which literally cost us more than 2 cents.
Trump orders US to stop minting pennies. What could that mean for your wallet?
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, but why is he doing it and what could it mean for your change?
Donald Trump Orders US Treasury To Halt Minting Pennies To Cut Waste
US President Donald Trump has ordered the Treasury Department to stop minting new pennies. The billionaire ordered to cease production of the one-cent coin, citing the rising cost of its production.
Trump instructs Treasury Department to stop minting one-cent coins
Trump said in a social media post on Sunday that he instructed Treasury Secretary Scott Bessent to stop producing new pennies. Valued at 0.01 dollars, the penny is the smallest denomination of the US currency. The president wrote: "For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!"
Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need more of them without pennies.
Trump says he has directed Treasury to stop minting new pennies
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the coin.
Trump directs Treasury to stop minting new pennies, citing cost
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin."For far too long the United States has minted pennies which literally cost us more than 2 cents.
Trump says the penny costs too much, orders Treasury to stop making them
The United States has moved into new and uncharted territory after President Donald Trump ordered the U.S. Mint to stop striking the lowly penny. Trump was attending the Super Bowl on Sunday night when he took to his Truth Social media platform to declare that the days of the 1-cent copper-colored coin had come to an end.
Local coin shop reacts to President Trump's order to stop minting new pennies
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.Ina post on his Truth Social
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President Trump orders Treasury Department to stop producing one US currency, gives reason
Trump has directed the Treasury Department to stop minting new pennies due to rising production costs. This decision is part ...
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 ...
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