President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

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

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

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 ...

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...