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When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
They're the mainstays of change jars and car cup holders across the country, but soon the penny could be no more.
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Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its usefulness.
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 ...
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
President Trump said Sunday he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut ...
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