President Trump stresses that producing the penny is “wasteful,” given that it costs more to produce than the coin’s face value. The U.S. Mint lost over $85.3 million in the last fiscal year from coining pennies. The Penny’s End? Trump Orders the Elimination of the ‘Wasteful’ Coin President Donald Trump has made a decision that […]
Source link
![Pinterest](https://pinterest.com/pin/create/button/?url=https://web2.support/2025/02/11/the-death-of-the-penny-trump-orders-u-s-treasury-to-stop-minting-one-cent-coins/&media=https://i0.wp.com/static.news.bitcoin.com/wp-content/uploads/2025/02/shutterstock_1407345860.jpg?w=1200&resize=1200,0&ssl=1&description=President Trump stresses that producing the penny is"wasteful," given that it costs more than the coin's face value.){kind=link}