WACO, Texas (KXXV) — President Trump issued an order in February directing the Department of Treasury to halt the minting of pennies, citing production costs that far exceed the coin's actual value.

President Trump ordered these coins to stop being made back in February of this year

It costs 3.69 cents to make one penny, which has a value of one cent

This creates a significant financial burden on the federal government

According to expert economist Bill Dendy, the United States spent more than $85 million manufacturing pennies in 2024 alone.

Impact on cash-paying consumers

While existing pennies will remain in circulation, the halt in production means they will gradually become scarce. This scarcity is expected to lead retailers to round prices up to the nearest nickel, creating an u

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