“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

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.

As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...

Downing Street has promised that 1p and 2p coins are not being phased out in Britain, after Donald Trump ordered the US ...

Local coin collector David Holcomb said they’d been expecting the move for some time. He says 2024 pennies could become an item to look for.

President Trump has halted penny production due to high costs, but experts say the coin isn’t disappearing. MOLINE, Ill. — President Donald Trump has ordered the minting of new pennies to stop, citing ...

WASHINGTON (AP) — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing the one-cent coin.