Trump Orders Treasury to Ditch the ‘Wasteful’ Penny Coin
President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been instructed to stop minting pennies. In a post on Truth Social on Sunday night,
Trump asks Treasury to stop minting pennies
The US Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
Trump says he has directed U.S. Treasury to stop minting new pennies, citing rising cost
Elon Musk's so-called Department of Government Efficiency raised the prospect in a post on X last month highlighting the penny’s cost.
Trump says he's instructed the Treasury to stop making new pennies
"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.
Trump instructs Treasury to halt penny production
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.
Trump announces he’s instructing Treasury Department to stop producing the penny: ‘This is so wasteful!’
For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on Truth Social after attending the first half of Super Bowl LIX.
Trump says he has instructed US Treasury to stop minting new pennies: 'This is so wasteful!'
President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they are actually worth.
Trump orders Treasury Department to stop producing new pennies
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs more than 3 cents to produce.
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.”
Trump tells Treasury secretary stop producing new pennies
"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on TRUTH Social.
Trump directs Treasury to stop minting pennies
President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.
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