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The era of the penny is nearing its end: starting early next year, the Treasury Department announced that it will end the ...
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 ...
President Donald Trump directed the Treasury Department to stop producing pennies beginning in early 2026. Why? The penny ...
However, pennies will still be around. In the past, the U.S. has stopped minting certain coins, yet they have remained legal ...
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 federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
When is the penny going away, and why? The Treasury Department’s pledge to stop minting new pennies by early 2026 comes after ... post to stop his agency’s production of the coins, saying ...
The U.S. Treasury Department expects penny production to fully end when its stock of materials runs out in 2026.
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 ...
President Donald Trump ordered the Treasury Department to wind down the production of pennies ... pledged it will stop minting pennies early in 2026. However, pennies will still be around.
Even after production stops, pennies will remain legal tender in the U.S. That means businesses can accept them for payment, ...
After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end.
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