Washington, DC, Feb. 13, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) announced today that it is releasing the fifth and final coin in the five-year First ... our country’s growth as a ...

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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.

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In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

In the U.S., it costs more than the face value to circulate certain coins like the penny and nickel. According to a 2024-dated report from the United States Mint, producing a single penny costs about ...

Both the penny’s and the nickel’s manufacturing costs are greater than their face values ... The United States wouldn’t be the first country to stop minting its 1-cent coin.

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Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge ...