KEY TAKEAWAYS President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing the ...

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.” ...

Robert Rubin, Lawrence Summers, Timothy Geithner, Jacob Lew and Janet Yellen are former Treasury secretaries.

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 announced that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing the one-cent coins. CNN’s Rosemary Church ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

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

President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...

President Donald Trump “100 percent” disagrees with a federal judge’s ruling on Saturday that bars the Department of ...

The penny has been under fire for years, with the movement to eliminate the penny picking up steam last month after Elon Musk ...

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...