Sens. Mike Lee and Jeff Merkley propose eliminating penny production through the "Make Sense Not Cents Act" to save taxpayers millions.

Could the penny soon be a thing of the past? Lawmakers in Congress from both sides of the aisle are proposing bills to halt ...

A nickel may be worth 5 cents but costs nearly 14 cents to make. With the penny possibly being eliminated, the Treasury wants ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year on nearly 3.2 billion pennies, with each coin costing about four cents to produce. Currency experts had questioned whether Trump ...