Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

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

Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

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

The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...

US Stops Penny Production | US Coin Production News | US Cent Coin Production | Trump News | US News Trump on Feb 9 said he ...

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.

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...