President Trump said he has instructed the Treasury to stop minting new pennies, highlighting excess costs in production.

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

President Donald Trump has ordered the production of U.S pennies to stop as of Sunday night. Now, Governor Jared Polis, ...

Because we’re human, if we think something is going away all of a sudden, we place huge value on it,” said Rockford Community ...

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

President Donald Trump directed the Treasury to stop the "wasteful" practice of producing the 1-cent coins in a Truth Social post.

Talk to end the penny’s production has been bandied about for decades among government officials and economists.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.

For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a post on Truth Social.

Across the other coins — the dime, quarter, and half-dollar — the situation is much better. Per the latest U.S. Mint report, ...