Breaking news: Trump orders Treasury to stop minting pennies

President Trump said the coins cost more to produce than their face value.

View in browser Feb. 9, 2025, 11:37 p.m. ET BREAKING NEWS Stephen Hilger/Bloomberg News Trump Orders Treasury to Stop Minting Pennies President Trump said that he had ordered the Treasury secretary to stop producing new pennies, a move that he said would help reduce unnecessary government spending. Read more Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Breaking News from The New York Times. To stop receiving Breaking News, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings. To opt out of updates and offers sent from The Athletic, submit a request. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018