President Trump called the minting of the coin a waste of money, reviving a longstanding debate about getting rid of the penny.

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

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.”

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

President Donald Trump’s mission to slash federal spending has taken an odd turn as he revealed that the Treasury has been instructed to stop minting pennies. In a post on Truth Social on Sunday night,

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

Only tradition explains our stubborn attachment to the penny. But sometimes traditions get ridiculous,” the Farmers’ Almanac said in its 1989 edition.

U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the needs of the United States,” and the 47th President’s order seems to believe the penny does not meet that standard any longer.