He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

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. “For far too long the United States has minted pennies ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

President Donald Trump is telling the Treasury Department to stop minting pennies, the iconic one-cent copper coin bearing the face of Abraham Lincoln. Shortly after departing Sunday's Super ...

PHOENIX (AZFamily) — President Donald Trump has ordered the U.S. Treasury to stop minting new pennies because of the cost, calling the nearly four cents it takes to create a one-cent coin ...

Trump said in a Truth Social post Sunday. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The one-cent coin was one of the first made by the U.S. Mint more ...

(NEXSTAR) — In a move potentially foretold by the Department of Government Efficiency (DOGE), it seems the U.S. could be on the verge of ending penny production. President Donald Trump on Sunday ...