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.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.
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 president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
The highest price ever seen for a bronze Lincoln 1943-S penny was sold to collector Bob R. Simpson, co-chairman of the Texas ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
President Trump ordered the Treasury department to stop production of pennies. Here's how Americans are responding to the ...
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