The Latest Breaking News from the US Mint

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since the lowly penny in 2024 cost about 3.7 cents to make – meaning the government loses money on every coin – the announcement might seem practical at…

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

Explore the high costs of producing US pennies, the push for their elimination, and potential benefits for businesses and taxpayers.

A bill banning the mascots is part of the government’s plan to cut $2 trillion in federal spending

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

Countries like Canada and Australia stopped producing one-cent coins more than a decade ago. Sweden was a first mover in 1972.

Company has sold at least seven variations of a $2 bill with Trump’s face, mugshot or likeness on it

They say a penny doesn't go far these days, to which NASA has now added its two cents. Two pennies just lifted off for the International Space Station.

The designs featured on the coins honor Tubman's life and her work as an abolitionist and social activist. The coins include $5 gold coins, $1 silver coins and half-dollar coins.