The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...

Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...

President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.

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

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

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

Trump has made sweeping changes — attempting to remake the federal workforce and implementing new tariffs, among others — but ...

President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will ...