In a post Sunday on his Truth Social site, Trump said: "For far too long the United States has minted pennies ... U.S. Mint report said it takes about 3.69 cents to produce and distribute one ...

But President Trump is right when he says that pennies “literally cost us ... 3 million. Pennies, which are often given as change but rarely spent, accounted for more than half of all the coins ...

A 2024 report from the U.S. Mint said it costs about 3.69 ... every coin it produces. The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States.

“For far too long the United States has minted ... cost to make one penny rose to 3.69 cents in the last fiscal year, marking the 19th consecutive year the coin has “remained above face ...

citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a ...

WASHINGTON, Feb 9 (Reuters) - U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as ... "For far too long the United States has minted pennies ...

NASCAR's latest media rights deal will give its fans a different viewing experience in 2025. New U.S. broadcast partners Amazon Prime Video and TNT Sports will show NASCAR Cup Series races this ...

U.S. code gives the Treasury Secretary the authority to mint and issue coins “in amounts the secretary decides are necessary to meet the needs of the United States ... making 3.2 billion ...

Last year a New York Times Magazine story argued for abolishing the coin ... In fiscal year 2024, the US Mint said in its annual report that the US penny costs about 3.7 cents to produce and ...

Unlike living creatures or fads, coins don’t become extinct due to ecological changes, predators, overexposure or boredom. Instead, the U.S. Mint simply stops making them, which puts them into ...