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 ...

Now, it seems to have a new prey: the penny. In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the penny costs more than ...

The cost of making a penny has risen to more than twice the coin's face value. As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies ...

he said in a post on his Truth Social platform. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” Trump actually undersold the cost argument ...

Elon Musk is the leader of DOGE, which was established by President Donald Trump via executive order on Monday. © 2025 Fortune Media IP Limited. All Rights Reserved ...

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” Trump said in a post to social media as he returned to Washington from the Super Bowl. The penny has ...

Producing pennies cost taxpayers more than it's worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost.

President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him. “For far too long, the United States has minted pennies which ...

The penny costs more than three cents to make. Claudio Divizia – stock.adobe.com “This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies.

We're going to check out a few of the best picks from our screener tool. Overview: Allakos Inc. is a clinical-stage biotechnology company focused on developing therapeutics targeting ...