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President Trump Orders End to Penny Minting Amid Rising Costs

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

President Donald Trump has directed the Treasury Department to halt the production of pennies due to rising production costs. This initiative aims to streamline currency management and financial resources. In …

economics / Politics

Trump Directs End to Penny Minting Amid Rising Production Costs

March 1, 2025March 1, 2025 - by Allegra Nguyen - Leave a Comment

President Donald Trump has ordered the Treasury Department to cease minting pennies due to the rising costs of production. This announcement may alter the future of U.S. currency. In an …