Among all the contentious battles that the Trump administration and Musk find themselves in over government spending, this is one that ... eye on another coin in your piggy bank: the nickel.

Among all the contentious battles that the Trump administration and Musk find themselves in over government spending, this is one that ... eye on another coin in your piggy bank: the nickel.

One big reason is the expense: It costs the US about 3.7 cents to make a penny, according to the Mint’s 2024 annual report. The Mint struck 3.2 billion of them last year, more than half of all the ...

(NEXSTAR) — Weeks after the Department of Government Efficiency (DOGE) set its sights on the penny, President Donald Trump called on the Treasury Department to stop minting new one-cent coins ...

Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge of doing.