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

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

Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.

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President Trump ordered the Treasury Department to stop making new pennies because the government loses money on them, he ...

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The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce ‘wasteful’ government spending.