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Trump, Treasury

USA Today · 4h

Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.

The New York Times · 1d

Trump Orders Treasury Secretary to Stop Minting Pennies

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”

CBS News on MSN · 17h

Trump directs Treasury to stop minting new pennies, citing cost

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.

16m

Is Eliminating The Penny Equitable? Its Cost Taxpayers $250,000,000 Over The Past Two Years.

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

43mon MSN

Trump's order to scrap the penny doesn't make 'cents': Expert

As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...

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