President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

Unfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to ...

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

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?

"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...