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

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...

President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...

The United States Mint reported a loss of $85.3 million in the fiscal year 2024 on the nearly 3.2 billion pennies it produced. The countless changes being made by Donald Trump in the United States are ...

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

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

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!’ said Trump in a post Sunday night on his Truth Social site. “I have instructed my ...

Local businesses say vast majority of customers don't use cash. President Trump says the move makes sense due to high ...

President Donald Trump is telling the Treasury Department ... 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 ...