Trump directs Treasury to stop minting new pennies, citing cost
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 it produced.
Donald Trump Orders US Treasury To Halt Minting Pennies To Cut Waste
US President Donald Trump has ordered the Treasury Department to stop minting new pennies. The billionaire ordered to cease production of the one-cent coin, citing the rising cost of its production.
Trump directs Treasury to stop minting pennies
President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.
Trump Orders Treasury to Halt Penny Production, Citing Waste
U.S. President Donald Trump has directed Treasury Secretary Scott Bessent to stop producing one-cent coins, calling it a cost-cutting move in a Truth Social post. Citing the expense of minting pennies.
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA Today reported. But the move could lead to price increases for U.S. consumers.
Trump sends orders to Treasury to halt production of the penny
The days of the penny, the smallest measurement of U.S. currency, may soon be behind us, as President Trump shared Sunday he had instructed the Treasury to halt production of the coin.
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