Trump, pennies

What Trump’s Plan to Stop Minting Pennies Means for Consumers
President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut down on what he called wasteful government spending. His remarks revived a long-running debate over whether to get rid of the smallest denomination of U.
Trump's plan to scrap the penny spikes interest for coin collectors
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 reported. Congress sets currency specifications, so it's unclear whether Mr. Trump has the power to eliminate the penny, but the president might be able to stop the Treasury from minting them.
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion coins since 2021.
Trump says he has directed US 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.
How Trump might get rid of the penny — and what could come next for your pocket change
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
Trump tells Treasury Department to stop making pennies
President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1 cent coin wasteful.
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin.
From pennies to plastic straws, Trump takes aim at pet peeves
Trump has made sweeping changes — attempting to remake the federal workforce and implementing new tariffs, among others — but ...
Trump wants to scrap pennies. What does that mean for the copper industry?
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...
Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Few mourn the US penny as Trump moves to kill it
Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip ...
Trump is ‘right’ to order the US to ditch the ‘stupid’ penny, Kevin O’Leary says
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.
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Why is Donald Trump discontinuing the penny?
The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
Trump’s proposition to eliminate pennies leaves business owners scratching their heads
President Trump Sunday announced possible plans to get rid of the penny. But this longstanding form of currency has been ...
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Trump wants the U.S. to stop producing pennies. Would it make sense to do so?
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump ...