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 ...

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet 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’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been ...

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

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

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.” ...

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

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