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Barchart
Barchart
Ebube Jones

President Trump Wants to Get Rid of Pennies. These 2 ‘Strong Buy’ Stocks Could Be Unlikely Winners.

In a move that’s got everyone talking, President Donald Trump recently announced that the Treasury Department will stop making new pennies. The main reason? It’s just too expensive. 

The U.S. Mint revealed it lost $85.3 million in 2024 producing nearly 3.2 billion pennies, with each penny costing about 3.7 cents to make — way more than each is worth. 

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