President Donald Trump announced plans to instruct the Treasury Department to cease minting pennies, potentially ending the coin's 233-year history. The decisio ...
Unfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the Treasury secretary to stop minting America’s one-cent coins.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
President Donald Trump’s penny proposal aims to kill off the coin that costs more money to produce than it’s worth.
One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth ...