President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

Cease production of the penny, let collector's gobble up what's left of the 1 cent coin, and there will still be one ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin ...

But President Trump is right when he says that pennies “literally cost us more than 2 cents ... that authorizes the manufacture of the nation’s coins, according to the U.S. Mint.

The Coinage Act of April 2, 1792 established the Mint and the regulation of coins in the United States. There was a relatively recent attempt to fix the issue. A bill introduced by U.S. Sen.

“For far too long the United States has minted pennies which literally ... marking the 19th consecutive year the coin has “remained above face value,” per the latest U.S. Mint report.