The nomination was sent to the U.S. Senate, which will have a confirmation hearing. Hollis, of Mandeville, said he plans to ...

President Donald Trump has nominated Louisiana state school board member Paul Hollis to run the U.S. Mint, which is ...

WASHINGTON — The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out ...

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. That’s more than half of all the new coins it made last year.

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. That’s more than half of all the new coins it made last year.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.

Quarters was the second biggest shipment (27%), followed by dimes (14%) and nickels (3.5%). Additionally, for the 19th consecutive year, it cost more to mint and distribute a penny than it’s worth.

The move is not a surprise. The production of a penny costs more than the value of the coin. President Donald Trump said in February that he ordered the US Mint to stop making pennies, citing the ...

Pennies are the most popular coin made by the U.S. Mint, which reported making 3.2 billion of them last year. That’s more than half of all the new coins it made last year.