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Shortage of pennies affecting some stores

Shortage of pennies affecting some stores

Penny Production Nears End The penny is slowly fading from our wallets, and many retailers are already noticing a shortage. The Treasury Department took the first step towards ending penny production this past May by placing its last order for the metal discs used to create them. This action follows President Donald Trump’s directive in […]

Treasury Department will stop making pennies, saving $56 million each year

US Government Plans to End Penny Production The government’s new efficiency initiative aims to cut costs by phasing out penny production, a coin that has been around for centuries. This move is expected to save approximately $56 million annually. The Treasury Department is set to place its last order for blank pennies this month, with […]

Treasury outlines strategy to stop making pennies

Treasury details plans to end penny production

The Treasury announced on Thursday its intention to cease penny production, effectively phasing out one of the oldest forms of currency in the country. The US Mint has issued a final order for penny blanks and will halt coin production, as stated by Treasury officials. While only Congress has the authority to completely eliminate or […]

US paying El Salvador $6M to jail Venezuela gang suspects: ‘Pennies on the dollar’

WASHINGTON – The Trump administration has paid around $6 million to El Salvador to jail a suspected 238 Venezuelan gang who was deported Sunday, according to the White House. “It was about $6 million for El Salvador for detention of these foreign terrorists,” spokesperson Caroline Leavitt said during a regular briefing on Monday. “This points […]

Trump Tells US Treasury To Stop Minting Pennies

The Pro Trump News homepage has 60 new headings every 24 hours. Click here to check. Donald Trump has called on the US Treasury to stop the US penny construction. Trump said, “This is so useless! I have instructed the US Treasury secretary to stop production of new pennies. Even if it's a pennies at […]

Trump Directs Treasury Department to ‘Stop Producing New Pennies’

President Donald Trump announced to Treasury Secretary Scott Bescent that the Treasury Department had ordered them to stop making new pennies, explaining that it would take more than two cents to make them. “For too long, the US has been casting pennies, and that literally costs more than two cents,” Trump said. I wrote it […]