What did Trump say about pennies? Trump called the coins “wasteful” in that they cost more to produce than they’re worth, in ...

Trump’s broadside touched off a national fuss over the venerable penny, sparking reactions from nostalgia to a sense of “it’s ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

With President Trump now seeking to end the penny’s production, coin shops in the Valley are preparing for life without the penny.

Trump has made sweeping changes — attempting to remake the federal workforce and implementing new tariffs, among others — but ...

His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to profit on the copper that makes up 95% of the coins minted before 1983.

It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies bearing Lincoln’s likeness in time for his centennial in 1909.

Most copper comes from Arizona. But Trump’s announcement that he will halt production of pennies won’t make a dent in the ...