"The process of discontinuing the penny in the U.S. is a little unclear. It would likely require an act of Congress, but the ...

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

The US Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

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

President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin's costly manufacturing process.

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