WASHINGTON, Feb 9 (Reuters) - U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his ...

Last year a New York Times Magazine story argued for abolishing the coin. “The necessity of abolishing the penny has been obvious to those in power for so long that the inability to accomplish ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

Trump said in a Truth Social post Sunday. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The one-cent coin was one of the first made by the U.S. Mint more ...

Colorado Governor Jared Polis (D) praised President Donald Trump’s order eliminating the penny on Sunday, calling it “a great move.” Trump announced on Sunday that the U.S. Treasury would ...

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LET’S RIP THE WASTE OUT OF OUR GREAT NATION’S BUDGET. EVEN IF IT’S A PENNY AT A TIME, THE U.S. MINT LOST $85.3 MILLION IN THEIR 2024 FISCAL YEAR, MAKING NEARLY 3.2 BILLION PENNIES.

Let’s rip the waste out of our great nations [sic] budget, even if it’s a penny at a time.” In the FOX interview before the Philadelphia Eagles whipped the Chiefs, Trump was asked by Fox ...

Liverpool saw their hopes of a quadruple ended with a disappointing defeat at Championship strugglers Plymouth Argyle. With 10 senior players left on Merseyside, an unrecognisable Reds were beaten ...