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

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote. “I have instructed my Secretary of the US Treasury to stop producing ...

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.

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

President Donald Trump directed the Treasury Department to stop minting new pennies Sunday, citing the high cost of ...