1 day ago · President Trump announced Sunday that he asked the Treasury Department to stop producing pennies, calling the 1-cent coin wasteful. He said in a Truth Social post that he told …

2 days ago · “The process of discontinuing the penny in the U.S. is a little unclear. It would likely require an act of Congress, but the Secretary of the Treasury might be able to simply stop the …

2 days ago · Every penny cost nearly $0.037 — up from $0.031 the year before. The mint also loses money on the nickel, with each of the $0.05 coins costing nearly $0.14 to make.

2 days ago · President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one …

2 days ago · And pennies. On Sunday night, Mr. Trump said he had ordered the Treasury secretary, Scott Bessent, to stop producing new pennies, a move that he said would help …

1 day ago · President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right, listen as Trump prepares to sign an …

1 day ago · Large cent coins, created from 1793 to 1857, have the potential to fetch, well, a pretty penny. An uncirculated 1799 Draped Bust could get up to $210,000. An uncirculated 1799 …

1 day ago · FILE - President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right, listen as Trump prepares to sign an …

1 day ago · Every penny cost nearly $0.037 — up from $0.031 the year before. The mint also loses money on the nickel, with each of the $0.05 coins costing nearly $0.14 to make.

2 days ago · "I have instructed my Secretary of the US Treasury to stop producing new pennies." According the US Mint's 2024 annual report, making and distributing a one cent coin costs …