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US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
Stop making cents: US Mint moves forward with plans to kill the penny
Advocates for ditching the penny cite its high production cost — almost 4 cents per penny now, according to the U.S. Mint — ...
Treasury Department details plans to end penny production
The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...
Treasury advances Trump’s plan to stop minting the penny
The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...
US Treasury unveils its plan to end penny production
The U.S. Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
End of pennies in US: It costs 4 cents to make a coin — here's how much money it will save and what happens next
The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...
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Trump’s Plan To End the Penny Pays Off: US Treasury Winds Down Minting of the 1-Cent Piece
It looks like the American penny's days are numbered, bringing to fruition President Donald Trump's stated plan to scrap the U.S. one-cent piece.
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US Treasury unveils plan to end production of penny coin
The cost of producing the penny has risen from 1.3 cents per coin to 3.69 cents over the past 10 years, according to the Treasury. It said stopping production will lead to immediate annual savings ...