But there’s a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every penny ...

President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...

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.” ...

Holding BTC is not necessarily an endorsement, but it’s definitely in the interests of the United States as it looks to ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

Trump's halt on "wasteful" penny production penny production could cause the value of the rarest one-cent coins to surge.

President Donald Trump said he wants to end the production of pennies, calling them “wasteful.” Each coin costs 3.7 cents to ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

Each penny cost nearly $0.037 to make in 2024, an increase from $0.031 the previous year, according to the U.S. Mint.

Buffalo nickels are not only nostalgic coins but also potentially worth much more than five cents to rare coin collectors.

They’re the future.” Teenagers are not generally gifted with scepticism, so as soon as I got home, I Googled what Bitcoin was ...