Is the US going 'penniless'? Why Trump wants to halt production of the coins
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to produce — leading to an $85.3 million loss in 2024 alone. The move follows a push by Elon Musk’s Department of Government Efficiency and mirrors similar decisions in Canada and Europe.
Unlike living creatures or fads, coins don't become extinct due to ecological changes, predators, overexposure or boredom.
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...
Let's rip the waste out of our great nation's budget, even if it's a penny at a time’, Trump said on Truth Social Sunday ...
Tend to walk around with a pocket of loose change? Royal Canadian Mint's hefty new coin will have you rethinking the size of ...
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