President Trump calls to stop penny production
A directive from the White House to stop penny production aims to reduce costs but increasing reliance on the nickel, which costs more to mint per unit than the penny, could have negative consequences.
Trump announces plan to stop making new pennies, citing production costs
President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting measure.
Analysis: Trump announced he is getting rid of the penny. What are the consequences?
In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since the lowly penny in 2024 cost about 3.7 cents to make – meaning the government loses money on every coin – the announcement might seem practical at first glance. But does the president have the power to kill off the penny?
How Trump might get rid of the penny — and what could come next for your pocket change
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
President Donald Trump wants to get rid of the penny: local reaction
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Trump wants to scrap pennies. What does that mean for the copper industry?
What did Trump say about pennies? Trump called the coins “wasteful” in that they cost more to produce than they’re worth, in ...
CNET on MSN4d
Trump Says No More Making Pennies. What That Means for You
But when President Donald Trump issued an order to stop minting the penny entirely, I couldn't help but wonder what role that ...
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 ...
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Bye bye Penny?: Madison coin collector reacts to possible discontinuation of one-cent coin
Find a penny, pick it up' may be a phrase of the past as President Trump looks to halt production of the one cent coin.
Trump orders US to ditch the penny. What’s its connection to NASCAR’s most impactful Daytona 500?
Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...
USA Today10d
How much does it cost to mint a penny? Trump orders end of penny production
President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233 ...
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Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump says he has directed the Treasury ...
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