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

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

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

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

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

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

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing the one-cent coin. “For far too long the United States has minted ...