Does it make sense to keep minting the penny?

From the creator

The penny could soon be a thing of the past. President Trump is pushing to end production of the one-cent coin, citing its rising costs. Each penny costs nearly four cents to make and scrapping it could save taxpayers about $56 million a year. Deema Zein discussed more with John Feigenbaum of Whitman Publishing, a leading producer of numismatic reference books. Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show.   Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6   Follow us: TikTok: https://www.tiktok.com/@pbsnews X (formerly Twitter): http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Facebook: http://www.pbs.org/newshour   Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe

Published 2025-09-05 · Watch on YouTube ↗
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