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.
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
Is the Penny Going Away? Trump Orders Halt on Production
Decrying ‘wasteful spending’ in a social post, Trump said he instructed the Treasury Department to stop producing new pennies.
Trump takes aim at the penny, says he’s told the US Treasury to stop making them
The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change through executive order and proclamation.
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.
Billionaire Trump says time's up for lowly US penny
U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account on Sunday.
Trump instructs Treasury to halt penny production
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.
Colorado’s Polis backs Trump’s halt on penny production: ‘Great move’
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the Treasury
President Donald Trump tells Treasury Department to stop making pennies
President Donald Trump told the Treasury Department to stop making pennies, citing production costs. Super Bowl 2025: Patrick Mahomes Speaks Out on Kansas City Chiefs’ Loss to Philadelphia Eagles Star Wars: The Bad Batch Are going On A New Adventure In A Different Medium 'Lost all credibility': Nonprofit CEO delivers demand to Trump HHS amid 'failed' human trafficking hotline Our Editors Have Worn Hundreds of Watches,
Trump orders Treasury Department to stop producing new pennies
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs more than 3 cents to produce.
Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.
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Coin expert agrees with Trump's wish for US to stop making pennies due to cost
President Donald Trump wants the US to stop making pennies due to the high cost. At least one expert agrees, saying it's not ...
Getting rid of the penny introduces a new problem: nickels
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.
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No more pennies? Alliance coin shop owner says it should have been done years ago
Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
The Penny Debate: Does Making Cents Make No Sense?
But does making cents really make no sense? Here’s what to know.
Democratic Governor Praises Trump's 'Great' Penny Decision
Colorado Governor Jared Polis cheered Trump's move for additional environmental benefits if the penny's production is haulted ...
Look through your coins: Rare Bicentennial quarter can go for $19,200
Certain quarters minted in 1976 — the year of the bicentennial — are particularly sought by collectors. Here's how to tell if ...