Trump announces plan to stop making new pennies, citing production costs
President Donald Trump announced he is directing the treasury secretary to stop the production of pennies as a cost-cutting measure.
So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
It’s unclear exactly how high demand would be for nickels in a penny-less world, but it’s likely that it would be higher than ...
The Washington Post22 天
Trump promised no new pennies — here’s how that would work
But if the treasury secretary, following the president’s orders, simply stops requesting new pennies from the U.S. Mint, production could grind to a halt without running afoul of the law ...
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 ...
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
How much does it cost to make a penny, and are we ‘losing’ money on other coins?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).
The Business Journals22 天
Denver Mint penny production may end under new Trump order
The Denver Mint produces more than a billion pennies for general circulation annually. A cease in the production of pennies, as called for in one of President Donald Trump’s most recent ...
Motor Authority3 小时
Chevy's racing a 1,100-hp Silverado EV ZR2 concept off-road
Chevrolet is taking electric performance off-road with the Silverado EV ZR2 race truck concept, unveiled on Wednesday ahead ...
‘Stop making cents’ could be easier said than done
Momentum for a penny purge is building as Trump takes aim at the coin. But for decades, Congress has balked at efforts to ...