President Donald Trump promised to penny pinch the federal budget if re-elected. Turns out he meant that literally.
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.
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Trump is so determined to restore sanity to federal finances that he is leaving no stone unturned when it comes to looking ...
President Donald Trump is one cent away from scrapping the US penny and ‘Shark Tank’ star Kevin O’Leary is agreeing with him.
Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.
Getting rid of the penny, which cost the government 3 cents each, could end up costing the Treasury Department money if it ...