The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...
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 ...
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
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.
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be OK without the coin.
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
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