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

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

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

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

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 Trump announced Sunday that he asked the Treasury Department to stop producing pennies, calling the 1-cent coin ...

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

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

President Trump ordered the Treasury Department to stop making new pennies because the government loses money on them, he ...