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.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

President Donald Trump said he has ordered the Treasury Secretary to stop minting new pennies, in a post on his Truth Social ...

The increase has been partly driven by the rising cost of copper, which increased by 5.4 percent ... Cents Executive Director Mark Weller. Eliminating the penny "would increase the Mint’s ...

"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.

The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...