It's not clear if Trump has the power to simply do away with the penny. The Constitution gives Congress control of currency ...

President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

Unfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the Treasury secretary to stop minting America’s one-cent coins.

WASHINGTON, Feb 9 (Reuters) - U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his ...

Albanese will cite the defence alliance with America and the economic damage to American workers in a dual-themed argument to exempt Australia from the 25 per cent tariffs, amid fears of a ...

When he was asked for his two cents’ worth on Super Bowl LIX, President Donald Trump picked the Kansas City Chiefs because quarterback Patrick Mahomes has won three NFL championships — and ...

The US President has told the US Treasury to no longer mint 'wasteful' one cent coins as he vowed to save American taxpayers' money 'a penny at a time'. Mr Trump claimed it 'literally costs us ...

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, by US President Donald Trump in an announcement on his Truth Social ...

Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the ...

Franklin DynaTech Fund earns an Average Process Pillar rating. The main contributor to the rating is the stability of the management team. Specifically, the fund has not seen a manager change in ...