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

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

Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...

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

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

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

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...

President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.