The Treasury Department is phasing out penny production by early next year after President Donald Trump ordered the government to halt the “wasteful” minting of the coins. The Treasury will stop ...

The era of the penny is nearing its end: starting early next year, the Treasury Department announced that it will end the ...

President Donald Trump directed the Treasury Department to stop producing pennies beginning in early 2026. Why? The penny ...

The Treasury Department is phasing ... follows Trump’s directive in early February that ordered Treasury Secretary Scott Bessent to end penny production, arguing that the cost to create a ...

The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...

However, pennies will still be around. In the past, the U.S. has stopped minting certain coins, yet they have remained legal ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a ...

Even after production stops, pennies will remain legal tender in the U.S. That means businesses can accept them for payment, ...

The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...

It's the end of an era. The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision comes amid rising production costs and declining ...

Treasury Secretary Scott Bessent ... 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 ...