The president's comments contradicts other officials in his administration who’ve sought to argue Trump was only calling for ...

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one ...

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...

The cost of the penny has gone up due to the rising costs of its components, which are largely zinc and copper. The penny is ...

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...

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 said late Sunday that he has ordered the U.S. Treasury Department to stop producing pennies. Pennies ...

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.” ...

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 penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal ...