President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally: On Sunday, Trump says he instructed Treasury Secretary Scott Bessent to cease ...

President Donald Trump doesn’t ever need a penny to offer his thoughts, and on Sunday during the Super Bowl, he shared his on the penny. “For far too long the United States has minted pennies which ...

NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Coin production costs vary thanks ...

According to the U.S. Mint, producing a penny costs the government nearly four times more to make than its face value – a fact that has many people, including President Donald Trump, questioning the ...

(WASHINGTON) — The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part ...

Well, it’s happening. At President Donald Trump’s behest, the U.S. is abandoning its cents. We’re talking about pennies, of course: The Treasury Department has announced that it will stop producing ...