Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
A production halt to the smallest-denominated coin is among Trump's many recent executive orders. How will businesses be affected by a decision to stop making cents?
A look at the realities of UX friction that widespread micropayments would create, and the potential solutions to that ...
Say goodbye to penny candy and penny loafers — the United State’s Mint was ordered by President Trump to stop producing pennies Sunday. It’s a debate that’s rolled around for decades. The reason makes ...
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 ...
In a surprising turn of events, President Donald Trump has directed the Treasury Department to halt the production of the iconic one-cent coin, commonly known as the penny. This decision comes in ...
President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...
Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Advocates for ditching the penny cite its high production cost – currently almost 4 cents per penny, according to the U.S.
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
President Donald Trump directed the Treasury Department to stop minting new pennies Sunday, citing the high cost of ...