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.
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
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 Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...
President Trump said he has directed the Treasury Department to stop making new pennies, citing the rising cost of producing ...
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...
President Donald Trump announced plans to instruct the Treasury Department to cease minting pennies, potentially ending the coin's 233-year history. The decisio ...
President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing ...
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
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