Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need more of them without pennies.
Donald Trump Says He Told U.S. Treasury to Stop Making New Pennies, Calling the Coin 'Wasteful'
Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing that he has already "instructed" the Treasury Department to do so.
Trump halts penny production, but the coin’s legacy endures
President Trump has halted penny production due to high costs, but experts say the coin isn’t disappearing. MOLINE, Ill. — President Donald Trump has ordered the minting of new pennies to stop, citing the high cost of production.
So Long, Penny! Trump Orders US to Ditch 1-Cent Coin After Decades of Complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite its high production cost — currently almost 4 cents per penny,
How much do pennies cost to make? Here's what to know as Trump calls for pause on production
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.
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 says he has directed US Treasury to stop minting new pennies, citing rising cost
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site.
President Donald Trump tells Treasury Department to stop making pennies
President Donald Trump told the Treasury Department to stop making pennies, citing production costs. Super Bowl 2025: Patrick Mahomes Speaks Out on Kansas City Chiefs’ Loss to Philadelphia Eagles Star Wars: The Bad Batch Are going On A New Adventure In A Different Medium 'Lost all credibility': Nonprofit CEO delivers demand to Trump HHS amid 'failed' human trafficking hotline Our Editors Have Worn Hundreds of Watches,
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.
Trump and His Family Earned Millions From Trump Coin While 810,000 Others Lost Money: Report
Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in ...
Thousands of investors in Trump’s memecoin lost $2 billion in just weeks while the family and its partners racked up $100 million in trading fees
Launched Jan. 17 days before Trump’s inauguration, $TRUMP initially skyrocketed in value, peaking on Jan. 19 at nearly $75 ...
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Over 100 Fake TRUMP Meme Coins in a Million-Dollar Scam? Ozak AI Provides Real Utility in a Hype-Driven Market
The cryptocurrency market remains full of scams and risky investments as seen through the rise of more than 100 fake TRUMP meme coins. This market pattern ...
Common 'cents': Long Island biz interests like Trump's plan to end penny production
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.
Exclusive: Trump's meme coin made nearly $100 million in trading fees, as small traders lost money
Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two ...
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Trump Solana Meme Coin Sinks Lower as Bitcoin and Dogecoin Hold Steady
President Trump's Solana meme coin hit a low price not seen since just after launch, while other top assets remain relatively ...
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Trump's meme coin a cash grab
Three days before his presidential inauguration, Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media and Internet culture, rather than any sort of ...
Trump has made the penny his currency target - but it’s the nickel he should worry about
Trump has made the penny his currency target - but it’s the nickel he should worry about - Ending the penny could drive up ...