The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

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

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 ...

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

FARMINGTON HILLS, Mich. (FOX 2) - President Donald Trump said he wants the United States to stop producing pennies, saying it costs more than .2 cents to mint them. Gary Stewart owns US Coin Gallery ...

WASHINGTON, D.C. – Americans have a message for the penny: Good riddance. Around the country, people of all ages are ...

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

The President took to social media to say he thinks we should stop minting new pennies, calling the 1-cent coin 'wasteful'.

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