It’s been debated for decades - now President Trump has directed the Treasury Department to stop minting pennies. A historian says the move won’t diminish the legacy of Illinois’ favorite son, Abraham ...

President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given renewed attention.

The United States Treasury will no longer make pennies, which are copper-colored coins with Abe Lincoln on them. Pennies are bigger than a dime but only worth a tenth of what a dime is worth. It will ...

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.

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

President Donald Trump’s order Sunday night to stop minting billions of pennies annually potentially comes with some ...

Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.

Abraham Lincoln had to eat, sleep and put money in the bank just like everyone else. Now you can see the transactions and bank movements he ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.