The penny design included 'Liberty,' a 'Flying Eagle' and an 'Indian Head' The penny was originally made of pure copper and now made of a copper-coated zinc composition With rising production ...

Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

Now, it seems to have a new prey: the penny. In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the penny costs more than ...

Elon Musk is the leader of DOGE, which was established by President Donald Trump via executive order on Monday. © 2025 Fortune Media IP Limited. All Rights Reserved ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

Much to the delight of coach Penny Hardaway, the Memphis Tigers secured ... the nation edged out a nail-biting 86-83 win against the Rice Owls in front of a hostile away crowd, in a game that ...

he said in a post on his Truth Social platform. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” Trump actually undersold the cost argument ...

Shortly after departing Sunday's Super Bowl game in New Orleans, the president took to his Truth Social site and said that the penny now costs more than two cents to produce. It's one of the ...

HOUSTON — The Memphis basketball team survived another dogfight on the road Sunday, holding on to beat Rice 86-83 ... The victory keeps Penny Hardaway’s team in sole possession of first ...

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” Trump said in a post to social media as he returned to Washington from the Super Bowl. The penny has ...

Producing pennies cost taxpayers more than it's worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost.