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.
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...
Sen. Jacky Rosen came out in support of Trump's plan to end production of the penny, which she agreed would save money.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
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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