President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Donald Trump wrote on Truth Social.

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

The penny could soon become a thing of the past. President Trump has ordered the Treasury to stop minting new one-cent coins, ...

President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.

President Trump ordered the Treasury Department to stop making new pennies because the government loses money on them, he ...