Let’s rip the waste out of our great nation's budget, even if it’s a penny at a time,” President Donald Trump pronounced last ...

Pennies are the most popular coin made by the U.S. Mint ... according to a 2022 report from the Canadian Mint. Mexican ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.

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

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 ...

The mint also loses money on the nickel, with each of the $0.05 coins costing nearly $0.14 to make. It is unclear whether Mr. Trump has the power to unilaterally eliminate the lowly one-cent coin.