President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

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 has ordered the production of U.S pennies to stop as of Sunday night. Now, Governor Jared Polis, ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

In a post on Truth Social, the President calls the penny-minting “wasteful” and it costs the government more than two 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 Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.Ina post on his Truth Social ...

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

President Donald Trump directed the Treasury to stop the "wasteful" practice of producing the 1-cent coins in a Truth Social post.

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