It would likely require an act of Congress, but the Secretary of the Treasury might be able to simply stop the minting of new pennies," Triest explained.

Should you cash in your pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...

WASHINGTON — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United ...

In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation but many ...

President Donald Trump has ordered the U.S. Treasury to stop minting pennies because their production cost exceeds their face value, which may leave Americans wondering what to do with coins they ...