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

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 ...

The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

It was a question begging to be asked after President Trump ordered the U.S. Treasury to stop minting pennies: What would ...

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.

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

The phrase “to coin money” is a bit vague. So to fix that, the United States’ second Congress passed the Coinage Act of 1792, ...

The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

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

Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...

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