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American billionaire Elon Musk, who heads the Department of Government Efficiency (DOGE), has called for shutting down the US ...
Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the 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 said.
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.
I've not put in a bid for TikTok, and I don't have any plans for what I would do if I had TikTok,' says Elon Musk ...