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pennies, Treasury Department

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

The retirement of the penny, which was first reported by the Wall Street Journal, is expected to save the Treasury Department around $56 million annually in reduced material costs, according to the d...

· 2d · on MSN

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

· 1d · on MSN

Treasury Department Officially Discontinues Pennies Starting in 2026. What Happens When There Are No New Pennies?

· 1d

U.S. Mint Signals Death Knell For The Penny

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.

Marketplace · 1d

Why it makes cents to get rid of the penny

· 18h

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

20h

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 Street Journal.

End of the Penny Grows Near

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

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 in reduced material costs.

New York Magazine1d

How to Make Sense of Trump’s Plan to Stop Making Cents

The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start rounding to the nearest 5 cents.