The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
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 ...
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...
Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.
Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
Sen. Jacky Rosen came out in support of Trump's plan to end production of the penny, which she agreed would save money.