How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
The highest price ever seen for a bronze Lincoln 1943-S penny was sold to collector Bob R. Simpson, co-chairman of the Texas ...
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
Sen. Jacky Rosen came out in support of Trump's plan to end production of the penny, which she agreed would save money.
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