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.

The idea of doing away with our smallest denomination is not new. The call to cut the penny has been growing louder in recent years, thanks in large part to one simple fact. it costs more to produce a ...

Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.

E! News co-host Justin Sylvester joins TODAY’s Jenna Bush Hager and guest co-host Amy Poehler to share the latest scoop in ...

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 ...

John McCain and Jim Kolbe tried for years to get rid of the penny. Now a politician they could barely tolerate, Donald Trump, is ready to do it.

Why President Donald Trump chose the middle of the Super Bowl to announce that his administration would stop producing ...

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.

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

President Trump on Monday moved to dismiss the Board of Visitors for all four military service academies, claiming the groups ...

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

Mr. Penny had many supporters among Silicon Valley conservatives who thought he’d been wrongfully accused in the racially charged case.