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The Guardian - US

World

Gloria Oladipo

Trump tells treasury to end ‘wasteful’ production of pennies

Donald Trump Elon Musk Doge the US Mint United States

Stack of USA pennies — The US Mint produced approximately 3.2bn pennies in 2024. Photograph: Zen Rial/Getty Images

Donald Trump has ordered the US treasury to stop minting new pennies, calling the coins’ production “wasteful”.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a Truth Social post on Sunday night as he left the Super Bowl in New Orleans. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.”

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