U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President ...

The US Treasury Secretary Scott Bessent has been told to stop minting one-cent coins, or pennies as they are widely called, ...

Trump on Feb 9 said he instructed Treasury Secretary to halt penny production. Trump gave instructions to Scott Bessent due to high cost of producing pennies. Trump announced the same on the Truth ...

President Donald Trump’s hiring freeze that includes Internal Revenue Service employees could mean Kansans might have to wait ...

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

President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin's costly manufacturing process.

"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.

For many Americans, the coin has become a nuisance that ends up being discarded in drawers, ash trays and piggy banks ...

President Trump said Sunday that he has instructed Treasury Secretary Scott Bessent to "stop producing new pennies." Why it matters: Trump's Truth Social post comes after the Department of ...

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.

America’s store of gold seems to be burning a hole in the pocket of our new Treasury secretary, Scott Bessent. That’s the ...