“I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time.” Start the day smarter.

The United States Mint reported a loss of $85.3 million in the fiscal year 2024 ending in September on the nearly 3.2 billion pennies it produced. Each penny cost almost $0.037, compared to $0.031 ...

WASHINGTON — 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.

The Brief. President Donald Trump directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the coins. Trump wrote in a post Sunday night on his Truth ...

Trump says he has directed US Treasury to stop minting new pennies, citing rising cost The prospect of eliminating the penny was first proposed by Elon Musk's so-called Department of Government ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...

In 2016, minting a dollar’s worth of pennies cost the federal government $1.43. Just seven years later, the price to produce a single penny is more than three times the coin’s value, according ...

WASHINGTON — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing the one-cent coin. “For far too long the United ...

The Brief. President Donald Trump directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the coins. Trump wrote in a post Sunday night on his Truth ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender.… ...

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. VIEW E-EDITION 99¢ for 6 mos ...