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

U.S. President Donald Trump directed the Treasury Department to stop the minting of new 1-cent coins, citing rising minting expenses. According to the Associated Press on the 9th (local time ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite ...

Canada stopped making one-cent coins in 2012. Australia stopped making both one- and two-cent coins in 1992. South Africa stopped minting ... into circulation March 1, 1793. According to the ...

President Donald Trump announced Sunday he's ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

Trump on Feb 9 said he instructed Treasury Secretary to halt penny production. Trump gave instructions to Scott Bessent due to high cost of producing pennies. Trump announced the same on the Truth ...