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penny, Trump and Treasury Department

ABC News on MSN · 2d

Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using pennies at its overseas bases in 1980 because it became too expensive to ship them.

USA TODAY on MSN · 2d

Change is coming for the penny as Treasury Department makes final order of the coin

The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury confirmed to USA TODAY.

New York Daily News · 1d

Mint orders last batch of pennies after Trump nixes one-cent coin

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital payments and cards.

penny, U.S. Mint

Dexerto on MSN · 1d

United States officially stops minting the penny – here’s how it’ll affect your shopping

The US Treasury Department has placed its last-ever order to mint new pennies, officially ending the creation of the one-cent coin.

Entrepreneur on MSN · 1d

The U.S. Mint Announced It Will Stop Making Pennies. Here's How It Will Affect Businesses and Consumers.

The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal first reported that the U.S. government ordered its last penny blanks in May, and the United States Mint will stop manufacturing the one-cent coins when the final inventory of penny blanks is used.

U.S. Mint moves ahead with plans to kill the penny

The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.

1hon MSN

See a penny, pick it up? In the future, probably not as often — and, some say, that matters

Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you’ll have ...

1don MSN

The penny will be phased out by 2026—Here's what it means for Americans

The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...

17h

The U.S. Treasury is ending penny production. Here's what to know:

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...

2d

United States Mint

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...

1don MSN

A nickel for your thoughts? US Mint’s plans to kill the penny inch closer to reality

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...

1don MSN

The Penny Is On the Way Out. Can You Still Buy Something With It?

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...

Why it makes cents to get rid of the penny

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

23hon MSN

Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production

Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...

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