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 ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

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 ...

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 gold mine just yet.

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.

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 ...

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 ...