Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

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.

Let’s rip the waste out of our great nation's budget, even if it’s a penny at a time,” President Donald Trump pronounced last night on Truth Social, even as he returned to Washington, D.C., from a ...

It's one of the first coins made by the U.S. Mint since it was established in 1792. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...

“For far too long the United States has minted pennies which literally ... For the 2024 fiscal year, the annual U.S. Mint report said that it takes about 3.7 cents to produce and distribute ...

Tulsi Gabbard was sworn in at the Oval Office on Wednesday as President Trump’s new director of national intelligence.