President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States has minted ...

The United States Mint reportedly lost $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced. Stop minting new pennies – Trump tells US Treasury ...

It is unclear whether Trump has the power to unilaterally eliminate the lowly one-cent coin. Currency specifications — ...

President Donald Trump says he has ordered the U.S. Treasury to stop minting pennies ... The idea of phasing out pennies in the United States is not new: In 1976, William E.

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

In a Feb. 9 post on Truth Social, President Donald Trump announced that he had instructed the secretary of the U.S. Treasury to stop minting new pennies to eliminate waste — producing one penny ...

It would likely require an act of Congress, but the Secretary of the Treasury might be able to simply stop the minting of new pennies.” Congress members have time and again introduced ...

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. “For far too long the United States has ...

(AP Photo/Ben Curtis)(AP/Ben Curtis) WASHINGTON (AP) — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the ...

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.“For far too long the United States has ...

WASHINGTON — 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. “For far too long the ...