Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
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 ...
The DOL is currently facing scrutiny from the Department of Government Efficiency (DOGE). This matters for you, since the ...
President Donald Trump has ordered the production of U.S pennies to stop as of Sunday night. Now, Governor Jared Polis, ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
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 ...
Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.
The United States Mint reported a loss of $85.3 million in the fiscal year 2024 on the nearly 3.2 billion pennies it produced ...
Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.
In fiscal year 2023, the losses were even higher, nearly $180 million between pennies and nickels. Pennies were made of ...