On Sunday, President Donald Trump announced on social media platform Truth Social he has directed the Treasury Department to stop producing new pennies, saying. “For far too long the United States has ...

The best solution would be to stop minting all coins. We are quickly transitioning to a cashless society. Why not go all the ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...

President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...

So the copper industry can shrug off Trump’s move, which economists have long called a no-brainer because each penny costs ...

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

On Sunday, Trump says he instructed Treasury Secretary Scott Bessent to cease production of the penny to further the goal of ...

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...

President Trump has halted penny production due to high costs, but experts say the coin isn’t disappearing. MOLINE, Ill. — President Donald Trump has ordered the minting of new pennies to stop, citing ...

As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...