Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

Unlike living creatures or fads, coins don't become extinct due to ecological changes, predators, overexposure or boredom.

President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to ...

President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, but why is he doing it and what could it mean for your change?

For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a post on Truth Social.

MLCU itself is the product of a merger. In 2012, Wyandotte-based Wy-South Federal Credit Union merged with ...

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

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

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA ...