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

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.

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

In a historic and controversial move, President Donald Trump has officially ordered the U.S. Treasury to stop minting pennies, citing the high production cost and wasteful government spending. Posting ...

President Donald Trump has directed the U.S. Treasury to cease the production of pennies, aiming to curb unnecessary ...

Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.

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