Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...
Even if Donald Trump's position on pennies has merit, what matters most is his willingness to make unilateral policy ...
Trump’s reasoning? The penny is a money-loser. Each 1-cent penny costs 3.69 cents to produce and distribute, according to the ...
“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...
President Donald Trump recently informed the U.S. Treasury Department to stop producing new pennies, citing production cost ...
The New York Times estimates there are a quarter-trillion pennies in America — clogging up wallets and purses, wearing holes ...