President Donald Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. The move by Trump is the latest in what has been ...

His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to ...

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

New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...

Cease production of the penny, let collectors gobble up what’s left of the 1 cent coin, and there will still be one eternally ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make one and as the president seeks to reduce federal spending, the penny is a ...

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

There's no evidence the Mint ever claimed to have stopped penny production in April 2023. Its own data shows billions have been minted since then.

President Donald Trump announced plans to instruct the Treasury Department to cease minting pennies, potentially ending the coin's 233-year history. The decisio ...

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 ...