President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically ...

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 ...

“The first thing they see is the loose skin on their abdomen," says R. Brannon Claytor, a Bryn Mawr, Pa.-based plastic ...

Colorado Governor Jared Polis cheered Trump's move for additional environmental benefits if the penny's production is haulted ...

The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald ...

Trump’s reasoning? The penny is a money-loser. Each 1-cent penny costs 3.69 cents to produce and distribute, according to the ...

With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.

John McCain and Jim Kolbe tried for years to get rid of the penny. Now a politician they could barely tolerate, Donald Trump, ...

Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it has to make more nickels, which cost nearly 14 cents each to make and ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.