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 ...

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 has directed the Treasury Department to stop making new pennies, citing the rising cost of producing ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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

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.” ...

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 ...

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.

President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent ...

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