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Trump directs Treasury to stop minting new pennies

Name: Trump directs Treasury to stop minting new pennies
Uploaded: 2025-02-10T16:22:00-0500
Duration: 1 min 9 s
Description: President Trump has directed the Treasury to stop minting pennies, citing the rising cost of producing the coins. The U.S. Mint reported losing $85.3 million in the 2024 fiscal year on the nearly 3.2 billion pennies it produced.

President Trump has directed the Treasury to stop minting pennies, citing the rising cost of producing the coins. The U.S. Mint reported losing $85.3 million in the 2024 fiscal year on the nearly 3.2 billion pennies it produced.