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

President Donald Trump late Sunday said he has directed the secretary of the Treasury to stop producing new pennies.

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.

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 ...

President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent ...

WASHINGTON -- Trump says he has directed Treasury to stop minting new pennies, calling the coin 'wasteful.' ...

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.