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 ...

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 ...

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

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 ...

WASHINGTON — 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 ...

Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies ... Secretary of the US Treasury to stop producing new pennies.” Elon Musk’s Department of Government ...

Machines that crush pennies into souvenirs may be affected the most by the news the U.S. Treasury Department will stop ...

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 ...