Trump on Feb 9 said he instructed Treasury Secretary to halt penny production. Trump gave instructions to Scott Bessent due to high cost of producing pennies. Trump announced the same on the Truth ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ... to meet the needs of the United States.” If Treasury Secretary ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent ... US code gives the Treasury Secretary the authority to mint and issue coins in ...

citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a ...

Donald Trump, President of the United States. / Courtesy of AP Yonhap News The U.S. Mint minted about 3.2 billion 1-cent coins for the fiscal year that ended in September last year. In the process ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ... to meet the needs of the United States.” If Treasury Secretary ...