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Trump, Pennies and Treasury
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.”
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.
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.
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 ...
2d
on 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 Radio
3d
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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