President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime. Advocates for ditching the penny cite ...

President Donald Trump’s order in February to stop minting new pennies has many people saying good riddance. It’s also ...

In 1857, the penny’s size was taken down a notch and changed to a copper-nickel alloy known as the Flying Eagle cent. This was quickly replaced by the well-known Indian Head cent — long a ...

"For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Trump said in a post Sunday night on his Truth Social site. "I have ...

But he’s not forgetting small change, either. Trump ordered the Treasury Department to stop making pennies with a Feb. 10 sentence on his social media account that followed years of ...

(AP) — 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 to cease ...