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.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

For fiscal year 2024, the annual U.S. Mint report said it takes about 3.69 cents to produce and distribute one penny, a 20.2% increase from ... On the front was a picture of a woman with flowing hair, ...

President Donald Trump is telling the Treasury Department to stop minting pennies, the iconic one-cent copper coin bearing the face of Abraham Lincoln. Shortly after departing Sunday's Super ...