No More Pennies: Here’s Why Trump Discontinued the Coin

The last penny ever to be made was finally struck at the US Mint in Philadelphia on Wednesday — after President Trump cancelled production of the costly copper coin after 232 years. “God bless America, and we’re gonna save the taxpayers $56 million dollars,” US Treasurer Brandon Beach said before he pushed the button on the penny-making machine at the Mint on Wednesday afternoon. #penny #ustreasury #brandonbeach #donaldtrump Read more at https://nypost.com/2025/11/12/busines... The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Check out our two new podcasts: NYNext (week):    / @nynext1   Pod Force One with MIranda Devine (weekly):    / @podforce1   NY POSTcast (daily):    / @nypostcast   Get The Post’s latest headlines everyday with our Morning Report newsletter: https://tinyurl.com/NYPOSTSIGNUP Catch the latest news at http://www.nypost.com. Follow The New York Post on: Twitter -   / nypost   Facebook -   / nypost