Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...

You don't need to be a coin collector to have piggy banks stashed around your house filled with quarters, dimes, nickels or ...

President Trump became the latest U.S. president to say he wants to kill the penny. Both Republicans and Democrats have tried and failed for decades to get rid of America's one-cent coin.

Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Liam Gallagher responds to Oasis fans seeing their tickets cancelled, phone users have been warned to check half-term roaming charges - and we're relaunching our Women in Business series, where we ...

The story of the penny is a perfect illustration of how a broken government can’t solve problems. From David Mastio: ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

If Trump's wishes are met, the United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department ...