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penny, Trump and Treasury Department

Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'

The retirement of the penny, which was first reported by the Wall Street Journal, is expected to save the Treasury Department around $56 million annually in reduced material costs, according to the d...

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Change is coming for the penny as Treasury Department makes final order of the coin

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Mint orders last batch of pennies after Trump nixes one-cent coin

US Treasury unveils plan to end production of penny coin

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U.S. Mint Signals Death Knell For The Penny

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See a penny, pick it up? In the future, probably not as often — and, some say, that matters

End of the Penny Grows Near

The Mint has estimated that ceasing production of the penny will save the taxpayers an annual $56 million in reduced material costs.

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Marketplace · 1d

Why it makes cents to get rid of the penny

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US Treasury Department says it will phase out production of new pennies

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The penny will be phased out by 2026—Here's what it means for Americans

The department says it has placed its final order for penny blanks, and production will end when they run out, which will likely be early 2026, according to The Wall Street Journal, which first reported on the decision.

Dexerto on MSN1d

United States officially stops minting the penny – here’s how it’ll affect your shopping

The US Treasury Department has placed its last-ever order to mint new pennies, officially ending the creation of the one-cent coin.

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Stop making cents: US Mint moves forward with plans to kill the penny

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

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The U.S. Treasury is ending penny production. Here's what to know:

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall Street Journal.

United States Mint

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin. Corey O'Connor's victory is a crushing blow to Mayor Ed Gainey and his progressive backers who swept him into office four years ago as the city's first Black mayor. KDKA-TV's Andy Sheehan looks at reasons for the mayor's defeat in a race that drew national attention and money. We're just a few days away from what's usually considered a huge weekend for car sales. But with impending tariffs and low supply, should consumers wait? Boaz was live with a Memorial Day preview honoring those we should never forget. He checked out a moving tribute to Pennsylvania's fallen heroes.

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The Penny Is On the Way Out. Can You Still Buy Something With It?

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest nickel. What, exactly, does a single penny buy you these days? We took a drive around town to find out.

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Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production

Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that the Treasury Department will cease all penny production by early 2026. “I think we can retool the nickel and change the composition of the alloys so that a nickel is worth a nickel,