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 ...

President Trump said that the coins cost more to produce than their face value. President Trump said on Sunday night that he ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

President Donald Trump said he has ordered the Treasury Secretary to stop minting new pennies, in a post on his Truth Social ...

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 ...

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs more than 3 ...

President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

According to the U.S. Mint, the production of nearly 3.2 billion pennies in the 2024 fiscal year resulted in a loss of $85.3 ...

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

The Lincoln Wheat Penny has been valued at an astonishing price, with some of the rarest versions of the coin rumored to be ...