Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
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 ...
Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
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.
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
President Donald Trump directed the United States Treasury to stop minting new pennies, citing the cost to make pennies surpasses the value.
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.