President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than<a ...

Trump is so determined to restore sanity to federal finances that he is leaving no stone unturned when it comes to looking for ways to cut costs in the government’s bloated budget.

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...

The obvious answer is that a halt in production would increase value, but a local coin collector and antique store owner says ...

Say goodbye to penny candy and penny loafers — the United State’s Mint was ordered by President Trump to stop producing pennies Sunday.  It’s a debate that’s rolled around for decades.

Malcolm Weale was in a farmer's field with his metal detector when he unearthed a tiny and dirt-covered object.

Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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

Does it cost more to produce a penny than it's worth? Yes, it costs more than one cent to produce a penny. According to the Federal Reserve, there are 114 billion pennies in circulation, making up ...

President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them ...