According to the U.S. Mint's fiscal year 2024 report ... according to the Federal Reserve Board. Opponents for decades have warned that removing the penny could lead to rounding prices upward ...

Though there are good reasons for retiring the penny, the fact that it costs nearly four times its face value to mint is not one of them. The only relevant metric for analyzing its cost vs.

Scrap the cent or keep it; I don’t care. But let the decision be based on sound reasoning, not on gaudy talking points that add nothing to the debate.

Will Trump's order make the penny disappear? There is no sign that the U.S. Mint will stop pressing pennies in Denver and Philadelphia, and Mint officials did not respond to requests for clarification ...