RICHMOND, Va. — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his administration to ...

(NEXSTAR) — Weeks after the Department of Government Efficiency (DOGE) set its sights on the penny, President Donald Trump called on the Treasury Department to stop minting new one-cent coins, calling ...

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally: On Sunday, Trump says he instructed Treasury Secretary Scott Bessent to cease ...

As the value of U.S. currency has changed over time, a heated argument has emerged over whether the penny should be kept in circulation. Proponents of penny elimination say the coin isn’t worth its ...

According to the U.S. Mint, producing a penny costs the government nearly four times more to make than its face value – a fact that has many people, including President Donald Trump, questioning the ...