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

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.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.

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

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.

President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S ...

Two cents can’t even get you a penny. President Trump’s newly minted Department of Government Efficiency has a shiny new target for its cost-cutting mandate — the United States penny which ...

In a post on X Tuesday night, the Elon Musk-run group pointed out that a penny now costs three cents to make - triple its value. That cost taxpayers a whopping $179 million in fiscal year 2023 ...

Billionaire Elon Musk's Department of Government Efficiency has a new target in its sights for trimming federal spending: the U.S. penny. In Tuesday X post, Musk's DOGE wrote that the U.S. spends ...

Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

Education Commissioner Penny Schwinn sits with students working on a math assignment ... is looking for a solution for 650,000 households used to sending nearly 1 million children to 1,850 schools ...