The Treasury Department is phasing out penny production by early next year after President Donald Trump ordered the ...

The Trump administration plans to end production of the penny after the cost of making it ballooned and it became ...

Move follows directive from President Trump issued over growing bipartisan support in Congress to phase out pennies ...

The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

Treasury plans to phase out production ... department placed its final order for blank pennies in May, it said in a statement. It expects to stop putting new pennies into circulation by early 2026.

President Donald Trump ordered for the U.S. to stop producing pennies ...

The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating ... with the Treasury Department placing its final order of penny ...

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

The Treasury Department recently placed its final order of penny blanks to print the one-cent coins, and meaning new pennies will stop being put into circulation around early 2026. Eliminating the ...

The department ... to stop putting new pennies into circulation by early 2026. President Donald Trump in February directed Treasury Secretary Scott Bessent to cease production of the coin.

The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...