In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production ...

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.

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on Truth Social.

For many Americans, the coin has become a nuisance that ends up being discarded in drawers, ash trays and piggy banks ...

President Trump said Sunday that he has instructed Treasury Secretary Scott Bessent to "stop producing new pennies." Why it matters: Trump's Truth Social post comes after the Department of ...

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

Is our new man at Treasury itching to spend our gold — or borrow against it?

Trump administration orders CFPB shutdown, halting consumer protection investigations and new rules amid controversy over ...

Russell Vought, appointed by President Trump, has halted all activities of the Consumer Financial Protection Bureau and cut ...

Here's the message from the bond market: Keep your shirt on. President Trump's second term was preceded by an ugly selloff in U.S. government bonds that revived the possibility of 5% yields for the ...