President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

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

Trump’s reasoning? The penny is a money-loser. Each 1-cent penny costs 3.69 cents to produce and distribute, according to the ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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

In a post Sunday on his Truth Social site, Trump said: "For far too long the United States has ... Executive Director Mark Weller. Eliminating the penny "would increase the Mint’s losses due ...

But does making cents really make no sense? Here’s what to know.

"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.