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Trump, Pennies and Treasury

The New York Times · 3d

Trump Orders Treasury Secretary to Stop Minting Pennies

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”

The Associated Press on MSN · 3d

Trump directs Treasury to stop minting new pennies, citing cost

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.

Hosted on MSN · 2h

Why is Donald Trump discontinuing the penny?

The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

3d

Trump orders Treasury to stop minting new pennies

President Trump ordered the Treasury Department to stop making new pennies because the government loses money on them, he ...

2don MSN

So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

2d

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.

Jefferson Public Radio3d

Are pennies worth it? Trump's plan to scrap them didn't come out of nowhere

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

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