President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing ...
"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" ...
Yields on 10-year government debt have dropped in recent weeks amid signs of slowing growth and investors’ reflexive flight to safety following President Donald Trump’s tariff talk.
"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.
President Donald Trump on Sunday declared Sunday the first-ever "Gulf of America Day" as he flew in Air Force One over the ...
Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an ...
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production ...
U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...
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 ...