President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
Advocates for ditching the penny cite its high production cost — currently almost 4 cents ... coins “in amounts the secretary decides are necessary to meet the needs of the United States.” ...
“For far too long the United States has minted pennies which literally ... time politicians have mulled the reform of the one-cent coin. “Anytime we’re spending more money on something ...
US Stops Penny Production | US Coin Production News | US Cent Coin Production | Trump News | US News Trump on Feb 9 said he ...
The lowly penny–the forgotten mainstay of coin jars and cupholders everywhere ... cost–currently almost 4 cents per penny, according to the US Mint–and limited utility.
The United States Congress authorizes every coin and ... Australia got rid of its 1- and 2-cent coins in 1992, while Canada stopped distributing its penny in 2012. The U.S. has also eliminated ...