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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 ...
What's next for the penny? The details on US decision to end penny production
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
Stop making cents: US Mint moves forward with plans to kill 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.
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.
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U.S. Treasury To End Penny Production
The U.S. Treasury Department announced May 22 its decision to phase out the production of the one-cent coin, with no new ...