President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S. Mint says 3.69 cents.
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 ...
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the ...
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one ...
It is unclear whether Trump has the power to unilaterally eliminate the lowly one-cent coin. Currency specifications — ...
U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...
Coins become valuable for several reasons, ranging from their historical value to their metal content. In nearly all cases, ...
US companies will look to the Middle East and India for more aluminium and to Chile and Peru for copper as they seek to circumvent sweeping tariffs imposed by US President Donald Trump, according to ...