Fox 5 New York
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Is this the end of the penny? Trump orders U.S. Treasury to stop minting one-cent piece
Posted
February 10, 2025
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February 10, 2025
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2:02Now PlayingThe penny could soon become a thing of the past. President Trump has ordered the Treasury to stop minting new one-cent coins, citing the rising costs of production. But does eliminating the penny make sense for the economy? FOX 5’s Jodi Goldberg speaks with business owners, economists, and coin collectors about the impact of phasing out pennies, what it could mean for cash transactions, and whether now is the time to start saving your spare change.
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