What would happen if the U.S. got rid of the penny? It wouldn't be easy because there are 420 billion in circulation.

In a Feb. 9 post on Truth Social, President Donald Trump announced that he had instructed the secretary of the U.S. Treasury to stop minting new pennies to eliminate waste — producing one penny ...

Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to ...

This is so wasteful!” he posted on social media. “I have instructed my Secretary of the US Treasury to stop producing new pennies.” On the surface, the observation seems logical and germane ...