WASHINGTON, D.C. — Democrats and Republican lawmakers discover consensus on President Donald Trump in their decision to eliminate Penny, and Capitol Hill's Fox News Digital says it's “meaning” to stop the operation of St. “He said.
Trump announced on Sunday that he instructed the Treasury to stop production of new pennies, writing in a Truth Social Post that it would take more than two cents to create one coin. .
Fox News Digital asked Congress members two cents about Trump's elimination of the coin, saying lawmakers on both sides of the aisle would agree to his decision.
Speaking to Fox News Digital, D-Fla's Rep. Jared Moskowitz said he would eliminate the “best” thing that Trump has been in office.
How Trump Gets Penny – and What Can Come Next To Change Your Pocket
Democrat Jared Moskowitz said he would eliminate the “best” thing Trump has done since he took office. (Fox News Digital)
“It could be the best of everything he did in the first month he took office,” Moskowitz told Fox. “We haven't printed penny since 2023, so he's good at eliminating it.”
Democrat Senators will fire Penny by boosting Trump's “common sense moves”
Standing with Moskowitz, there was D-MD, Senator Jamie Raskin. “I agree to eliminate Penny,” he said.
Democrat Jamie Ruskin said he supports Trump's penny to stop production. (Fox News Digital)
“It costs more to make a penny than its value, so if that's what he wants to do, it's fine,” said another Democrat, Rep. Ami Bella, D-Calif.
The Treasury Department lost more than $85 million in pennies it produced in 2024, according to the US Mint, the government agency that makes coins.
“If it costs two cents to make a cent, that makes a bit of sense, right?” R-FLA MP Carlos Giménez told Fox News Digital.
R-Ariz. Rep. Juan Ciscomani said it was “economically meaningful” given the cost of making a penny is more than a coin.
Republican Rep. Juan Siscommani said he supports abolishing Penny. (Fox News Digital)
Rep. George Latimer, Dn.Y., said he was talking to local businesses in his community and would support the routes that would best embrace them.
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“I talked to local businesses in the community and saw how it would affect them. And the question is, will it make their lives easier or even more difficult?” Latimer said. “If they say to me, it's easy, that's a good decision. They say it's more difficult when they have to calculate sales tax and things that don't happen to zero or 5ives, so that's good It's not an idea.”
