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.” ...

The move by Trump is the latest in what has been a rapid-fire effort by his new administration to enact sweeping change.

Robert Rubin, Lawrence Summers, Timothy Geithner, Jacob Lew and Janet Yellen are former Treasury secretaries.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...

President Trump announced on Sunday night that he plans to eliminate the manufacturing of pennies, which cost more than they ...

President Donald Trump said he has instructed the US Treasury Secretary to stop minting new pennies, citing their high cost of production.

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

In a Truth Social post, Trump pointed out that the minting of a penny costs more than the actual value of the coin.

"Let's rip the waste out of our great nations budget, even if it's a penny at a time," Trump wrote on TRUTH Social.