Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...
Sen. Jacky Rosen came out in support of Trump's plan to end production of the penny, which she agreed would save money.
Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip ...
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.
Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.