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

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

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

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

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is ...

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 ...

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

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

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 ...

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.

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