President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

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

President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been ...

Following his appearance at the Super Bowl, the president wrote on his social media platform that he wished to "rip the waste ...

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

President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right ...

President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

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 claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin wasteful.