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Treasury Department, pennies and phase out production

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 − the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY. "The United States Mint will continue to manufacture pennies while an inventory of penny blanks exists,

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

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US Treasury unveils plan to end production of penny coin

So what happens to America’s 114 billion pennies once the US stops making them?

The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for more than 230 years.

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

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What could happen if US Treasury phases out pennies?

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.

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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 the Treasury Department will cease all penny production by early 2026. “I think we can retool the nickel and change the composition of the alloys so that a nickel is worth a nickel,

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Treasury Department set to phase out the penny

The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. The federal agency placed its final order for penny ...

US is ending penny production: How will you be impacted?

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

With the penny going away, what should you do with the ones in your coin jar?

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth hundreds; here's how to find out.

Will famous penny sayings outlast the coin itself?

The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. "CBS Evening News" co-anchor Maurice DuBois takes a look at the wisdom inspired by the centuries-old coin.

The Trump Administration Will Pull the Plug on the Penny

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump posted on social media. “I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nations budget, even if it's a penny at a time.”