President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.
President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...
With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.