Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

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.

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 ...

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...

Elon Musk's so-called Department of Government Efficiency raised the prospect in a post on X last month highlighting the ...

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the ...

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

President Trump announced Sunday that he asked the Treasury Department to stop producing pennies, calling the 1-cent coin ...