A penny for your thoughts: what’s next for the one-cent coin?
by Jeremy Fredricks | Mar 13, 2025 | Business, Featured, Politics
The U.S. Mint makes millions of pennies each year. The one cent coin costs the federal government 3.7 cents to make, which is why President Donald Trump wants to remove the penny from circulation. (Jeremy Fredricks/MNS)
WASHINGTON — President Donald Trump proposed removing the penny from U.S. circulation in February.
The one cent coin costs the U.S. Mint about 3.7 cents to make. Will discontinuing the coin contribute to higher costs and inflation or save the government millions of dollars?
Watch the video report here:
