The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

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Better count your pennies. They may be on the way out the door. President Donald Trump said he has told the U.S. Treasury Department to stop minting pennies. The coin has been in circulation for ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of ...

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President Trump announced Sunday that he is telling the Treasury Department to stop minting pennies, ending a 233-year run of the 1-cent coin. The penny, one of the first coins made by the U.S ...

FILE - Freshly-made pennies sit in a bin at the U.S. Mint in Denver on Aug. 15, 2007. (AP Photo/David Zalubowski, File) ...

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” By Yan Zhuang and Erica L. Green Erica L. Green is a White House ...

President Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States has minted ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the ...