modernizing U.S. currency
Trump Orders Treasury to Stop Penny Production – What It Means for You!
Anthony Lane
President Trump has ordered the U.S. Treasury to stop minting new pennies, citing high production costs. The penny currently costs 3.7 cents to make, leading to $85 million in losses annually. While the decision won't immediately remove pennies from circulation, it could lead to rounded cash transactions and eventual phase-out. Learn how this change could impact your wallet and the economy.
