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. Advocates for ditching the penny cite ...

The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

LUZERNE COUNTY, Pa. — You may have heard the news recently that the U.S. is planning to stop producing the penny soon because it costs nearly four cents to make the one-cent coin. Many may ...

In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent coin, a price tag that’s increased 20% in ...

President Donald Trump recently announced that he told the Treasury Department to stop minting pennies, ending a 233-year run of the 1-cent coin. The penny, one of the first coins made by the U.S ...

President Donald Trump doesn’t ever need a penny to offer his thoughts, and on Sunday during the Super Bowl, he shared his on the penny. “For far too long the United States has minted pennies ...

“These coins are frankly not needed.” Ceasing U.S. Mint production of the cent and halting distribution in the market is one of many proposals President Donald Trump has floated in recent ...