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

In a Feb. 9 post on Truth Social, President Donald Trump announced that he had instructed the secretary of the U.S. Treasury to stop minting new pennies to eliminate waste — producing one penny ...

President Trump says he directed the Treasury Department to stop minting new pennies. He says the cost of producing the one-cent coin is too high. Last year the U.S. Mint reported losing more than ...

While eliminating pennies was a start, Trump should consider getting rid of nickels if he truly wants to reduce wasteful spending.

President Trump announced that he’s told the Treasury Department to put the brakes on making new pennies, pointing to how ...

President Trump wants the Treasury Department to stop making new pennies ... The U.S. Mint said it lost $85.3 million last year minting 3.2 billion new pennies. The agency said it costs 3.7 ...

30, 2025,” said Ed Zollars, a Phoenix certified public accountant, in a commentary on the new order ... 25, the order directs the Treasury Department, which includes the IRS, to stop issuing paper ...

Canada stopped minting its penny in 2012 ... "I have instructed my Secretary of the US Treasury to stop producing new pennies." Michael Clara, co-owner of Ciro's Pizza of East Meadow, said ...

In a Feb. 9 post on Truth Social, President Donald Trump announced that he had instructed the secretary of the U.S. Treasury to stop minting new pennies to eliminate waste — producing one penny costs ...