For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...

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

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

President Donald Trump said late Sunday that he has ordered the U.S. Treasury Department to stop producing pennies. Pennies ...

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...

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.

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce ‘wasteful’ ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.