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

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 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 ...

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 announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

“This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations [sic] budget, even if it’s a penny at a time.

"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.

The United States has moved into new and uncharted territory after President Donald Trump ordered the U.S. Mint to stop ...

Now he has set his sights on the humble penny. The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an ...