US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...

President Trump did not express a desire to eliminate the penny during his campaign but Elon Musk and the Department of ...

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

The penny, a staple of US currency since since 1793, costs more than 3 cents to make, costing the government a net loss of ...

E! News co-host Justin Sylvester joins TODAY’s Jenna Bush Hager and guest co-host Amy Poehler to share the latest scoop in ...

WASHINGTON >>Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account ...

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