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

Elon Musk's so-called Department of Government Efficiency raised the prospect in a post on X last month highlighting the ...

The Trump administration is making an urgent push to end a court order barring top officials’ access to the federal ...

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

Photo: Alamy President Donald Trump announced on Sunday night that he has instructed the U.S. Treasury to stop producing new ...

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Iran's Oil Minister has dismissed the effectiveness of the renewed US "maximum pressure" campaign, stating that efforts to ...

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

President Donald Trump has ordered the US Treasury to stop producing 'wasteful' pennies as he reveals how much they cost to make.

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