Trump says he told the U.S. Treasury to stop minting new pennies because each costs more than 2 cents to make
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
![Trump says he told the U.S. Treasury to stop minting new pennies because each costs more than 2 cents to make](https://fortune.com/img-assets/wp-content/uploads/2025/02/AP25041096763355-e1739179694994.jpg?w=2048#)
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