What Trump’s Plan to Stop Minting Pennies Means for Consumers
President Trump said Sunday he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut down on what he called wasteful government spending. His remarks revived a long-running debate over whether to get rid of the smallest denomination of U.
That's how much it cost the U.S. Mint to make a one-cent coin last year, up from 2.1 cents in 2021. In fact, the agency lost $85.3 million last year on the pennies it produced. But scrapping them ...
The president has ordered the U.S. Treasury Secretary to stop the production of new pennies, the latest move in his ongoing ...
President Donald Trump announced Sunday that he is telling the Treasury Department to stop minting pennies, after more than 200 years of the coin. “For far too long the United States has minted ...
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 ...
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. “For far too long the ...
While there are arguments both in favor of keeping the penny and for ditching the small copper and zinc coins, one group may ...
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