However, that growing tally of “copper” coins may come to an end after Trump says he ordered the US Mint to stop making pennies. So, what is his beef with the 1-cent coin that bears the image ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump says he has directed the Treasury Department ...

President Trump aims to halt penny production due to high costs. We asked coin collector Jock Summers, does the penny still ...

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 ...

Congress, the Supreme Court, the central bank, the President's House — all national institutions that graced Philadelphia ...

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.

US code gives the Treasury Secretary the authority to mint and issue coins in amounts the secretary decides are necessary to meet the needs of the US. “If Treasury Secretary Scott Bessent ...

This has made many frugal minds demand for stoppage of the practice of making these coins. These pennies have famously been a symbol, that has carried impression of former US president Abraham ...

citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a ...