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 ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the ...

The United States Mint reported a loss of $85.3 million in the fiscal year 2024 on the nearly 3.2 billion pennies it produced ...

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the ...

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

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.” ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...

President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...

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

President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...