President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

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

President Trump has ordered the government to stop making pennies, calling the coins "wasteful." Would Arizona, a ...

Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.

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

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

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 Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

The United States Treasury will no longer make pennies, which are copper-colored coins with Abe Lincoln on them. Pennies are bigger than a dime but only worth a tenth of what a dime is worth. It will ...

Let’s rip the waste out of our great nation's budget, even if it’s a penny at a time,” President Donald Trump pronounced last night on Truth Social, even as he returned to Washington, D.C., from a ...

As the U.S. Mint’s American Women Quarter program wraps up in 2025, big changes are ahead—including new designs for the ...