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

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

President Donald Trump recently informed the U.S. Treasury Department to stop producing new pennies, citing production cost ...

President Trump has ordered the government to stop making pennies, calling the coins "wasteful." Would Arizona, a ...

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 ...

Even if Donald Trump's position on pennies has merit, what matters most is his willingness to make unilateral policy ...

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

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

For far too long, the United States has minted pennies, which literally cost us more than two cents,” Trump posted.

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

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.” ...

Trump’s reasoning? The penny is a money-loser. Each 1-cent penny costs 3.69 cents to produce and distribute, according to the ...