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Why is Donald Trump discontinuing the penny?
The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
Trump's plan to scrap the penny spikes interest for coin collectors
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
'Makes sense': GOP, Dems unite behind Trump's plan to fire the penny
Democratic and Republican lawmakers spoke with Fox News Digital on Capitol Hill about whether they agree with President ...
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
The Economic Argument for Ditching the Penny—and Why Some Want to Keep It
President Trump wants to ditch the penny, a move that some experts say is long overdue. Advocates of the least-valuable coin say it should stick around. WSJ examines the question of whether or not it ...
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President Trump's order is latest in the decades-long effort to eliminate the penny
President Trump became the latest U.S. president to say he wants to kill the penny. Both Republicans and Democrats have tried and failed for decades to get rid of America's one-cent coin.
Democrat senator backs Trump's 'common sense move' to fire the penny
Sen. Jacky Rosen came out in support of President Donald Trump's plan to end production of the penny, which she agreed would ...
Money Morning1d
3 Penny Stocks You Haven’t Heard of With Massive Upside Potential
However, it is still profitable and growth is pretty good here. Revenue increased 23% year-over-year to $15.26 million and ...
Long Island Business News14h
Cantor: For my two cents: It’s time for the penny to go
As President Trump seeks to downsize the cost of the U.S. Government, let me add my two cents to the effort; or to be more ...
Nation’s sole supplier of penny blanks prepares for possible phase out
President Donald Trump directed the United States Treasury to stop minting new pennies, citing the cost to make pennies surpasses the value.
Is eliminating the penny a good idea? Other countries have already done it
President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...