Getting rid of the penny introduces a new problem: nickels
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one ...
Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
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 ...
Trump’s plan to eliminate the penny follows sharp drop in U.S. coin demand at Philadelphia mint
Pennies make up more than half of the coins made at the Philadelphia mint, but coin demand has dropped by nearly 10 billion ...
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Getting rid of the penny introduces a new problem: nickels
But there’s a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every ...
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Getting rid of the penny could mean the need for more nickels, which costs even more money make
But there's a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every ...
It costs nearly four cents to make one penny. The nickel costs even more
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...