President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

In fiscal year 2023, the losses were even higher, nearly $180 million between pennies and nickels. Pennies were made of ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, but why is he doing it and what could it mean for your change?

President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin's costly manufacturing process.

Decrying ‘wasteful spending’ in a social post, Trump said he instructed the Treasury Department to stop producing new pennies.

Nickel Street in Lordsburg and a roadway with the same name in Deming are both named after the metal.