President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

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President Donald Trump said late Sunday that he has ordered the U.S. Treasury Department to stop producing pennies. Pennies ...

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

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

The president previously threatened 25 percent import taxes on all goods from Canada and Mexico, though he paused them for 30 ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal ...

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The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.