Latest in Pennies
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Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 52m -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 5h -
Colorado's Polis backs Trump's halt on penny production: 'Great move'
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the Treasury ...The Hill - 6h -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 7h -
How much does it cost to make a penny, and are we 'losing' money on other coins?
Really, a roll of 50 pennies costs you more than $1.50.The Hill - 7h -
Social Security and Medicare burn while Trump counts pennies
Trump’s latest idea may be popular, but won’t get us far.MarketWatch - 7h -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 9h -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
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 New York Times - 10h -
Trump to set tariffs on aluminum and steel; orders end of of pennies
President Donald Trump announces that “any steel coming into the United States is going to have a 25% tariff” as the fate of the penny hangs in the balance after he instructs the Treasury to stop ...NBC News - 13h -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - 14h -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 17h -
Trump says he has directed U.S. Treasury to stop minting new pennies, citing rising cost
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.NBC News - 21h -
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.CBS News - 21h -
Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 22h -
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...The Hill - 22h -
Live updates: Trump leaves Super Bowl, directs Treasury to stop making pennies
President Trump picked the Kansas City Chiefs to win the Super Bowl on Sunday in an interview with Fox News’s Bret Baier that aired just before kickoff. “I guess, you have to say that when a ...The Hill - 23h -
Andreessen Horowitz Defends Hiring Daniel Penny
Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American Dynamism investment team.The New York Times - 4d