While there will still be over a billion pennies in circulation, no new cents will be joining their ranks for the first time ...

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

Welcome to 5 Things PM! In a sharp escalation of its battle with Harvard University, the Trump administration revoked the Ivy ...

The penny has been around for almost as long as ... which literally cost us more than 2 cents,” Trump posted on Truth Social, midgame. “This is so wasteful! I have instructed my Secretary ...

I think you would see a much more significant impact on prices because you'd be rounding up 10 cents. The U.S. president doesn't have the authority to retire the penny forever with that power ...

As part of the Trump administration’s efficiency plan, the penny may cease being produced ... “There will be essentially no impact at all,” says Mark Schweitzer, associate professor of ...

Trump has described spending on penny minting as "wasteful." In recent weeks, Republican and Democratic lawmakers introduced separate bills in the House of Representatives and the Senate calling ...

1️⃣ Making cents: The US Treasury is phasing out production of the penny and will stop putting ... up or down to the nearest nickel. 2️⃣ Culture war: President Donald Trump has exerted ...