The U.S. Treasury estimates it costs mints, like the one in Denver, nearly four cents to make the one cent coin.

President Donald Trump wants the US to stop making pennies due to the high cost. At least one expert agrees, saying it's not ...

President Donald Trump speaks as Treasury Secretary Scott Bessent, left, and Commerce Secretary nominee Howard Lutnick, right ...

Jerry Petros, the owner of Alliance Coins and Jewelry in Alliance, said the U.S. should have dumped pennies years ago.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The value of the 1-cent coin has been debated for decades.

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.” ...

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

It is unclear whether Trump has the power to unilaterally eliminate the lowly one-cent coin. Currency specifications — ...

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Mr. Trump’s decision to impose tariffs on metals is not new. In his first term, the president levied tariffs on foreign steel ...

President Trump says he has instructed the U.S. Treasury to stop producing new pennies, calling the minting of the coin a waste of money.