President Donald Trump promised to penny pinch the federal budget if re-elected. Turns out he meant that literally.

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...

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 ...

So Long, Penny! Trump Orders US to Ditch 1-Cent Coin After Decades of Complaints RICHMOND, Va. (AP) — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere ...

Despite childhood nostalgia associated with the coin, Rok, 70, said he agreed with Trump’s assessment that the penny simply costs too much. Many others agreed with him. USA TODAY spoke with ...

RICHMOND, Va. — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his administration ...

The average cost to make one penny rose to 3.69 cents in the last fiscal year, marking the 19th consecutive year the coin has “remained above face value,” per the latest U.S. Mint report.

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” It’s not the first time politicians have mulled the reform of the one-cent coin. “Anytime we’re ...