treasury secretary pennies

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.”

The Associated Press on MSN · 3d

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.

USA Today · 2d

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.

1hon MSN

From pennies to plastic straws, Trump takes aim at pet peeves

Trump has made sweeping changes — attempting to remake the federal workforce and implementing new tariffs, among others — but ...

Forbes4d

Trump Says He Has Ordered Treasury To Stop Producing ‘Wasteful’ Pennies

President Donald Trump said he has ordered the Treasury Secretary to stop minting new pennies, in a post on his Truth Social platform on Sunday night, citing the cost of production for the coin ...

2don 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 ...

Jefferson Public Radio3d

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 ...

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.

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