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Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive ...