President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of ...

Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.

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.

The penny also features President Abraham Lincoln, who has appeared on the penny since 1909. The Lincoln penny is also the coin that includes the phrase “In God We Trust.” “You find out fast ...

No more pennies from heaven? Whether you're pinching pennies or penny smart and pound foolish, the U.S. is considering a penny drop. President Donald Trump wants the U.S. to stop making the coins.

The penny was first issued by the government in 1793. Since 1909, the profile of President Abraham Lincoln has adorned the obverse side of the coin that is made of zinc and copper. A debate has ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

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. The reason makes ...

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. “For far too long ...