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.
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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 - 20h -
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 - 9h -
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 - 16h -
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 -
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