Trump has directed the Treasury Department to stop minting new pennies due to rising production costs. This decision is part ...

In a move aimed at reducing government expenditure, President Donald Trump has directed the U.S. Treasury Department to cease the production of new pennies. This decision was announced via his Truth ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

In the fiscal year of 2023, the U.S. spent $179 million in tax dollars on the production of 4.5 billion pennies.

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. “For far too long the United States has minted ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year on the nearly 3.2 billion pennies it produced.

Is this goodbye? Trump's penny announcement is getting mixed reactions from consumers and business owners across Arizona.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to the US Mint. Last year, ...

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

President Trump says he wants the Treasury Department to stop making pennies. He made the announcement yesterday citing the ...