Trump wants to scrap pennies. What does that mean for the copper industry?
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of Government Efficiency that halting production might save the government around $180 million annually. Here’s a bit more on what might transpire.
Trump has made sweeping changes — attempting to remake the federal workforce and implementing new tariffs, among others — but ...
It was a question begging to be asked after President Trump ordered the U.S. Treasury to stop minting pennies: What would ...
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
Lohud.com, Westchester County on MSN7h
Trump wants the U.S. to stop producing pennies. Would it make sense to do so?For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump ...
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...
President Donald Trump 's decision that the U.S. Department of the Treasury will stop minting new pennies could cost jobs in the heavily Republican county they are currently partly produced in, ...
Coin values fluctuate, but it's worth checking your coin jars for this rare penny. Who knows? You could be a millionaire.
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...
President Trump Sunday announced possible plans to get rid of the penny. But this longstanding form of currency has been ...
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