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

FARMINGTON HILLS, Mich. (FOX 2) - President Donald Trump said he wants the United States to stop producing pennies, saying it costs more than .2 cents to mint them. Gary Stewart owns US Coin Gallery ...

Check your salary here Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny? According to the U.S. Mint, Congress is the body that approves every coin it produces.

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.

U.S. 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 United States.” If Treasury Secretary ...

“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.