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 that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...

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

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...