Now he has set his sights on the humble penny. 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 ...

Since taking office, President Trump has set his sights on big targets, like Greenland. But he has also taken aim at small ones, like paper straws. And pennies. On Sunday night, Mr. Trump said he ...

The penny, one of the first coins made by the U.S. Mint after its establishment in 1792, now costs more than two cents to produce, Trump said in a post on his Truth Social site shortly after ...

Though it is unclear whether Mr. Trump’s presidential powers permit him to stop the production of pennies — according to the United States Mint, that authority rests with Congress — his ...

"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Mr. Trump wrote in a post Sunday night on his Truth Social site. "I have ...

President Donald Trump has ordered the US treasury to stop minting pennies due to their high production costs, aligning with his administration's cost-cutting measures. The US Mint incurs ...

"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Mr Trump wrote on his social media site Truth Social. He added: "I have ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site. “I have ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on his Truth Social site. “I have ...