On a Sunday night, right after the Super Bowl, Donald Trump labeled penny production as wasteful and ordered the U.S. Treasury to stop making the coin to cut costs. He said, reported by The Guardian, ...

NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald ...

It's the end of an era. After 233 years, the U.S. Mint will stop making cents. A Treasury Department spokesperson confirmed to USA TODAY that the government placed its last order of blank coins to ...

Expect confusing signals and more signs of penny shortages in 2026. Even bankers are asking for some relief as coin ...

At a cost of nearly four cents to produce each penny, Oregon’s U.S. Sen. Jeff Merkley says the United State Mint is fulfilling the definition of government waste with every penny it makes. Merkley, a ...

WASHINGTON -- At least one corner of the federal government has a money problem: It's sitting on too much of it. The U.S. Mint has produced $1.4 billion in surplus dollar coins that are sitting in ...