Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...

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"It's too early," President Donald Trump said of endorsing Vice President J.D. Vance as the 2028 Republican presidential ...

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Why it matters: The coin (technically a token that's issued ... Between the lines: The emoluments clause of the Constitution, written in 1787, hardly envisaged a world where a president could ...

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...

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

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.

Two cents can’t even get you a penny. President Trump’s newly minted Department of Government Efficiency has a shiny new target for its cost-cutting mandate — the United States penny which ...

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