Is the US going 'penniless'? Why Trump wants to halt production of the coins
Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to produce — leading to an $85.3 million loss in 2024 alone. The move follows a push by Elon Musk’s Department of Government Efficiency and mirrors similar decisions in Canada and Europe.
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
Ending production of the penny makes sense, a consensus of area coin collectors and business owners told TribLive after a ...
New York Magazine on MSN1d
How to Make Sense of Trump’s Plan to Stop Making CentsUnfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the ...
Local coin collector David Holcomb said they’d been expecting the move for some time. He says 2024 pennies could become an ...
The US might be saying goodbye to the beloved Penny... what benefits could the change bring for coin collectors?
The Repository on MSN1d
No more pennies? Alliance coin shop owner says it should have been done years agoJerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
President Donald Trump and First Lady Melania Trump ... What is this?” “A meme coin is like your collector’s baseball card or Pokemon card or something like that,” she explained.
Trump coin had a fully diluted valuation of about ... is likely the work of those who helped on Trump's "America First Collection" of digital trading cards, the site reported.
Local coin collectors welcome the decision, while economists say it may not be as cost-saving as you think.
Three days before his presidential inauguration, Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media and Internet culture, rather than any sort of ...
2don MSN
Donald Trump and early investors have earned millions from $TRUMP coin while 813,294 wallets have registered $2 billion in ...
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