The penny, a staple of US currency since since 1793, costs more than 3 cents to make, costing the government a net loss of ...

President Trump while on the campaign trail proposed eliminating taxes on Social Security benefits. "Seniors should not pay ...

Scrapping the U.S. penny, as President Donald Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of extending the 2017 tax cuts, 0.004% of the annual ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

WASHINGTON >>Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

Local businesses say vast majority of customers don't use cash. President Trump says the move makes sense due to high ...