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.
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 ...
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
President Trump Sunday announced possible plans to get rid of the penny. But this longstanding form of currency has been ...
Sen. Jacky Rosen came out in support of Trump's plan to end production of the penny, which she agreed would save money.
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