How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
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Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...
The trouble with being the sort of person who gives credit where it's due is the sort of people you sometimes have to give ...
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
3don MSN
Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in ...
Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...
Al Jazeera on MSN9h
Why is Donald Trump discontinuing the penny?The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
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