President Donald Trump said Sunday he had told the Treasury to stop producing penny coins, presenting it as an effort to cut ...
Pennies are vanishing from cash drawers and coin jars far faster than most people expected, as the supply of new one-cent ...
Expect confusing signals and more signs of penny shortages in 2026. Even bankers are asking for some relief as coin ...
In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money ...
Earlier this year (Feb. 9, 2025), President Donald Trump decided that the U.S. Mint would no longer make new pennies because of the high cost. The U.S. Mint spent 3.7 cents to make each penny in 2024, ...
In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money ...
Restaurants and retailers have run short of pennies sooner than expected after the Trump administration moved to stop the minting the coins. (LM Otero/AP) The lack of small change is creating big ...