President Donald Trump promised to penny pinch the federal budget if re-elected. Turns out he meant that literally.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

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

“For far too long the United States has minted pennies which literally cost ... Because of the value of the materials, today it remains illegal to export or melt one-cent and five-cent coins. The U.S.

“For far too long the United States has minted ... But does making cents really make no sense? Here’s what to know. The penny was one of the first coins the U.S. Mint made shortly after ...